full article

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)

FY 2020 Results Press Release

newsroom

More Articles

Prev.
Next