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Orascom Construction Reports Backlog of USD 5.7 Billion and Net Income of USD 57.8 Million in 9M 2022

Orascom Construction OC 8.65% 6.21 0.49

Published: Nov 24, 2022 09:21:28 AM
Sequence No.: 40
ISIN: AEDFXA14NUL7

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  • Revenue increased 20.1% y-o-y to USD 3,052.7 million and consolidated EBITDA increased 2.7% y-o-y to USD 150.1 million in 9M 2022
  • Net income attributable to shareholders of USD 23.9 million in Q3 2022 and USD 57.8 million in 9M 2022
  • Net cash position of USD 113.1 million as of 30 September 2022 and positive operating cash flow of USD 61.1 million in Q3 2022
  • Consolidated backlog of USD 5.7 billion and pro forma backlog including 50% share in BESIX of USD 8.4 billion as of 30 September 20221
  • Consolidated new awards of USD 3.1 billion and pro forma new awards including 50% share in BESIX of USD 4.5 billion in 9M 2022
  • BESIX reports a standalone backlog of EUR 5.5 billion and new awards of EUR 2.9 billion in 9M 2022



Please view the attachment for the full press release.

 

Contact Investor Relations

Hesham El Halaby
Director
[email protected]
[email protected]
+971 4 318 0900
www.orascom.com

Attachment(s)

9M 2022 Results Press Release

 

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