Orascom Construction Reports Backlog of USD 5.4 billion and Net Income of USD 90.9 million in FY 2020
25 March, 2021
Revenue of USD 3.4 billion and consolidated EBITDA of USD 197.8 million in FY 2020
Net income attributable to shareholders of USD 25.9 million in Q4 2020 and USD 90.9 million in FY 2020
Net cash position of USD 358.6 million as of 31 December 2020 and operating cash flow of USD 138.2 million in FY 2020
Consolidated backlog of USD 5.4 billion and pro forma backlog including 50% share in BESIX of USD 8.0 billion as of 31 December 2020, in-line with the levels achieved in FY 2019
Consolidated new awards of USD 2.9 billion and pro forma new awards including 50% share in BESIX of USD 4.2 billion in FY 2020
BESIX reports a standalone backlog of EUR 4.2 billion and new awards of EUR 2.3 billion in FY 2020
The Board of Directors proposes a dividend distribution of USD 27 million (USD 0.2313 per share)