Orascom Construction Reports Backlog of USD 5.3 billion and Net Income of USD 65.0 million in 9M 2020
19 November, 2020
Revenue of USD 2.4 billion and consolidated EBITDA of USD 150.5 million in 9M 2020
Net income attributable to shareholders of USD 30.2 million in Q3 2020 and USD 65.0 million in 9M 2020
Net cash position maintained at USD 208.9 million as of 30 September 2020
Consolidated backlog and pro forma backlog including 50% share in BESIX are stable y-o-y at USD 5.3 billion and USD 7.7 billion, respectively, as of 30 September 2020
Consolidated new awards of USD 2.0 billion and pro forma new awards including 50% share in BESIX of USD 2.8 billion in 9M 2020
BESIX reports a standalone backlog of EUR 4.2 billion and new awards of EUR 1.5 billion in 9M 2020
Orascom Construction Reports Backlog of USD 5.3 billion and Net Income of USD 65.0 million in 9M 2020