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Orascom Construction Reports Backlog of USD 7.6 Billion and Revenue of USD 3.3 Billion in FY 2024

26 March, 2025

• Revenue of USD 3,254.9 million, adjusted EBITDA of USD 158.3 million and adjusted net income attributable to shareholders of USD 117.3 million in FY 2024
• Consolidated backlog of USD 7.6 billion and pro forma backlog including 50% share in BESIX of USD 11.9 billion as of 31 December 2024
• Consolidated new awards of USD 3.0 billion and pro forma new awards including 50% share in BESIX of USD 6.6 billion in FY 2024
• BESIX reports a standalone backlog of EUR 8.2 billion and new awards of EUR 6.7 billion in FY 2024
• Commercial production of 306 MW at the 650 MW BOO wind farm in Egypt commenced in December, 56 MW and four months ahead of contractual targets
• Signed in March 2025 an EPC contract to build a 3 GW combined cycle gas-fired power plant in Saudi Arabia