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Orascom Construction Reports Backlog of USD 7.3 Billion and Net Income of USD 46.1 Million in Q1 2024

Orascom Construction OC -6.41% 5.40 -0.37

Published: May 21, 2024 09:35:09 AM
Sequence No.: 11
ISIN: AEDFXA14NUL7

  • Revenue of USD 766.3 million, adjusted EBITDA of USD 37.8 million and net income attributable to shareholders of USD 46.1 million in Q1 2024
  • Consolidated backlog of USD 7.3 billion and pro forma backlog including 50% share in BESIX of USD 9.9 billion as of 31 March 2024
  • Consolidated new awards of USD 609.5 million and pro forma new awards including 50% share in BESIX of USD 895.7 million in Q1 2024
  • BESIX reports a standalone backlog of EUR 4.8 billion and new awards of EUR 530.6 million in Q1 2024
  • Shareholders approved at the AGM on May 20 a dividend of USD 0.20 per share

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)

Orascom Construction Reports Backlog of USD 7.3 Billion and Net Income of USD 46.1 Million in Q1 2024

 

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