EGP 290.00

USD 6.55

About Us
1. At a Glance
  
  Longstanding Impact
  
  Inspiring, developing and leading towards excellence.
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2. History
  
  Decades of achievements
  
  Orascom Construction PLC is a leading global engineering and construction contractor with a footprint covering the Middle East, Africa and the United States and operations encompassing the infrastructure, industrial and commercial sectors.
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3. Strategy
  
  Our strategy is guided by four key pillars
  
  Aimed at delivering top and bottom line shareholder value led by a commitment to excellence, safety and the environment.
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4. Global Footprint
  
  A comprehensive global footprint
  
  Through the Group's main subsidiaries and 50% stake in the BESIX Group.
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5. Brands
  
  Encompassing a strong and well diverse expertise worldwide
  
  We operate in MENA and the USA through its two operational subsidiaries – Contrack Watts and The Weitz Company, along with a 50% stake in the Belgium based BESIX Group.
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6. Leadership
  
  Our visionary leadership
  
  Inspiring, developing and leading towards excellence.
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Services
1. Construction
  
  A leading global construction group
  
  Concentrating on infrastructure projects worldwide and a driving force behind the development of Egypt’s new cities and mega national projects.
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2. Concessions & Investments
  
  Developing and investing in infrastructure assets
  
  We capitalize on our investment and financing track-record across various sectors, including cement, fertilizers and ports to create new construction opportunities and long-term shareholder returns.
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3. O&M and Facilities Management
  
  A track record in Operations & Maintenance & high quality property management
  
  We have secured a number of multi-year O&M contracts for projects on which the Group is also the contractor. Current O&M contracts span several sectors such water treatment, wastewater treatment, water desalination and transportation. We recognized a gap in the Egyptian market for a high-quality facility management company. To fill this growing need, Orascom construction invested in Contrack FM and Orascom Industrial Parks (Orascom-IP).
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4. Building Materials
  
  A vast portfolio of construction materials
  
  And investment companies complement the Group’s core activities including manufacturers of fabricated steel products, glass curtain walling, paints and concrete pipes as well as an industrial free zone and two facility management companies.
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5. Equipment Services
  
  Equipment Services
  
  Orascom Services
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Projects
Investors
Sustainability
1. Community
  
  Community Engagement
  
  Growing operations means growing responsibilities, which is why we make sure that our social and economic contributions remain active and up to date in surrounding communities
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2. Health & Safety
  
  Core Values
  
  We are responsible for the safety of our employees and are fully committed to providing a safe and unpolluted working environment that meets the most stringent international benchmarks.
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3. Environment
  
  Environment
  
  We are committed to being an environmental steward by implementing the best technology available where applicable to minimize our environmental footprint and promote sustainable business best practices.
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4. Safe Construction Sites
  
  Safe Construction Sites
  
  Each of our construction brands has developed stringent rules and regulations that are implemented and enforced on all projects and tailored to meet the unique environments of the locations in which they operate.
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NewsRoom
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full article

Orascom Construction Reports Backlog of USD 5.4 billion and Net Income of USD 23.9 million in Q1 2021

20 May, 2021

Revenue of USD 816.6 million and consolidated EBITDA of USD 51.0 million in Q1 2021
Net income attributable to shareholders of USD 23.9 million in Q1 2021
Net cash position of USD 140.2 million as of 31 March 2021
Consolidated backlog maintained at USD 5.4 billion and pro forma backlog including 50% share in BESIX at USD 8.1 billion as of 31 March 2021
Consolidated new awards of USD 666.4 million and pro forma new awards including 50% share in BESIX of USD 1.3 billion in Q1 2021
BESIX reports a standalone backlog of EUR 4.7 billion and new awards of EUR 1.0 billion in Q1 2021
Shareholders approved a dividend distribution of USD 27 million (USD 0.2313 per share) at the AGM