Orascom Construction Reports Net Income of USD 144.7 Million in FY 2018 and Proposes Dividend Distribution


  • Consolidated net income of USD 33.1 million in Q4 2018 and USD 144.7 million in FY 2018
  • Consolidated EBITDA of USD 207.1 million in FY 2018 and pro forma EBITDA including 50% in BESIX (excluding one-off legal provision in Q3 2018) of USD 323.0 million
  • Consolidated backlog of USD 4.3 billion and pro forma backlog including 50% share in BESIX of USD 7.0 billion as of 31 December 2018
  • Consolidated new awards of USD 2.3 billion and pro forma new awards including 50% share in BESIX of USD 4.3 billion in FY 2018
  • BESIX reports a standalone backlog of EUR 4.8 billion and new awards of EUR 3.2 billion in FY 2018
  • The Board of Directors proposes a dividend distribution of USD 35 million (USD 0.30 per share)

FY 2018 Results Press Release