Orascom Construction Reports Backlog of USD 7.5 Billion and Net Income of USD 26.4 Million in Q2 2016


  • Backlog of USD 7.5 billion as of 30 June 2016 led by USD 2.2 billion in new awards during Q2 2016
  • Revenue of USD 1,024.1 million, EBITDA of USD 50.3 million and net income of USD 26.4 million in Q2 2016
  • Revenue of USD 1,997.0 million, EBITDA of USD 99.1 million and net income of USD 49.4 million in H1 2016
  • Net cash position of USD 299.0 million as of 30 June 2016 and operating cash flow of USD 260.8 million generated in H1 2016
  • BESIX’s standalone backlog reaches another high of EUR 3.6 billion, resulting in pro forma backlog including the Group’s 50% share in BESIX of USD 9.5 billion

H1 2016 Results Press Release