full article

Orascom Construction Reports Backlog of USD 7.0 Billion and Revenue of USD 2.4 Billion in 9M 2023

29 November, 2023

• Revenue of USD 2,365.2 million, consolidated EBITDA of USD 183.8 million and net income attributable to shareholders of USD 114.8 million in 9M 2023
• Net cash position of USD 187.2 million as of 30 September 2023
• Consolidated backlog of USD 7.0 billion and pro forma backlog including 50% share in BESIX of USD 9.8 billion as of 30 September 2023
• Consolidated new awards of USD 3.9 billion and pro forma new awards including 50% share in BESIX of USD 5.2 billion in 9M 2023
• BESIX reports a standalone backlog of EUR 5.4 billion and new awards of EUR 2.4 billion in 9M 2023
• Distributed a dividend of USD 0.2750 per share on October 31