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Orascom Construction Reports Backlog of USD 5.5 Billion and Revenue of USD 979.7 Million in Q1 2022

20 May, 2022

  • Revenue of USD 979.7 million and consolidated EBITDA of USD 50.3 million in Q1 2022
  • Net profit from the Group’s operating businesses of USD 24.1 million in Q1 2022
  • Net cash position of USD 37.0 million as of 31 March 2022
  • Consolidated backlog maintained y-o-y at USD 5.5 billion and pro forma backlog including 50% share in BESIX at USD 8.3 billion as of 31 March 2022
  • Consolidated new awards of USD 617.5 million and pro forma new awards including 50% share in BESIX of USD 1.0 billion in Q1 2022
  • BESIX reports a standalone backlog of EUR 5.0 billion and new awards of EUR 773.7 million in Q1 2022
  • The Board of Directors proposes a dividend distribution of USD 27.0 million (USD 0.2313 per share) in Q3 2022

Q1 2022 Results Press Release

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