Orascom Construction Reports Backlog of USD 8.0 Billion and Revenue of USD 2.3 Billion in 9M 2024
24 November, 2024
Revenue of USD 2,319.9 million, adjusted EBITDA of USD 119.4 million and adjusted net income attributable to shareholders of USD 86.3 million in 9M 2024
Consolidated backlog of USD 8.0 billion and pro forma backlog including 50% share in BESIX of USD 12.5 billion as of 30 September 2024
Consolidated new awards of USD 2.6 billion and pro forma new awards including 50% share in BESIX of USD 5.6 billion in 9M 2024
BESIX reports a standalone backlog of EUR 8.1 billion and new awards of EUR 5.5 billion in 9M 2024
Progress is underway to expand total capacity of the 500 MW BOO wind farm in Egypt to 650 MW, making the project the largest in Africa and increasing the Group’s total operational wind power capacity to 913 MW by Q3 2025
Orascom Construction Reports Backlog of USD 8.0 Billion and Revenue of USD 2.3 Billion in 9M 2024