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Orascom Construction Reports Backlog of USD 10.9 Billion and EBITDA of USD 92.6 million in Q2 2026, Bringing EBITDA to USD 200.9 million in H1 2026
14 August, 2026
- Revenue of USD 1,509.6 million, EBITDA of USD 92.6 million, and net profit attributable to shareholders of USD 61.9 million in Q2 2026
- Revenue of USD 2,978.0 million, EBITDA of USD 200.9 million, and net profit attributable to shareholders of USD 115.3 million in H1 2026
- Consolidated backlog of USD 10.9 billion and pro forma backlog including 50% share in BESIX of USD 14.5 billion as of 30 June 2026
- Consolidated new awards of USD 4.8 billion and pro forma new awards including 50% share in BESIX of USD 5.8 billion in H1 2026
- BESIX standalone backlog of EUR 6.3 billion and new awards of EUR 1.6 billion in H1 2026
- Operating cash outflow in Q2 2026 reflects working capital timing in Egypt related to higher billings and projects under approval, resulting in higher debt levels
- Data center construction portfolio in the U.S. now exceeds 2 GW across multiple hyperscalers and developers, with the sector leading new awards in H1 2026
- Progressing towards financial close on a 900 MW Build-Own-Operate wind farm in Egypt, which will increase the Group’s total wind power capacity to 1.8 GW
Please view the attachment for the full press release.
Management will host an investor and analyst conference call on Monday, August 17, at 4:00 PM Abu Dhabi / 3:00 PM Cairo.
The dial-in numbers for the conference call are:
Standard International: +1 585 542 9983
Egypt: 800 006 0607 (Toll-free)
UAE: 800 012 0128 (Toll-free)
USA: 833 461 5787 (Toll-free)
Participants may also join via the webcast. Please pre-register and join here.
Please log-in or dial-in at least 10 minutes prior to the start time to ensure a fast connection to the call.
Conference ID: 865731097
A replay will be available on the same registration link.