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Orascom Construction Reports Revenue of USD 1.9 Billion and EBITDA of USD 92.9 Million in H1 2022

31 August, 2022

  • Revenue increased 13.6% y-o-y to USD 1,914.6 million and consolidated EBITDA decreased 7.4% y-o y to USD 92.9 million in H1 2022
  • Net income attributable to shareholders of USD 20.8 million in Q2 2022 and USD 33.9 million in H1 2022
  • Net cash position of USD 104.3 million as of 30 June 2022
  • Positive operating cash flow of USD 88.9 million in Q2 2022
  • Consolidated backlog of USD 6.5 billion and pro forma backlog including 50% share in BESIX of USD 9.0 billion as of 30 June 2022
  • BESIX reports a standalone backlog of EUR 4.9 billion and new awards of EUR 1.5 billion in H1 2022

Orascom Construction Reports Revenue of USD 1.9 Billion and EBITDA of USD 92.9 Million in H1 2022

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