Aug 28, 2024 / NTS GMT
Operator
Good day, everyone, and welcome to the Orascom Construction first-half 2024 results conference call. (Operator Instructions)
I'd now like to hand the call over to Osama Bishai, CEO. Please go ahead.
Osama Bishai - Orascom Construction PLC
Good afternoon, good morning, everyone. Well, I hope everybody had a good summer. For the H1 results for 2024, we have been progressing in a steady manner on all our fronts on the construction side. We have achieved a revenue of $1.477 billion on both the MENA and the U.S. side.
We have improved our EBITDA and bottom line as a KPI to our business. On the construction side, we are going to complete the first phase of our 500-megawatt wind farm ahead of schedule, and it should be operational in Q4 this year, which is between 2 to 3 months ahead of schedule. And the second phase will be done by early summer next year, which is, again, 2 to 3 months ahead of schedule. On our other construction, which is with the EPC work has been progressing such sectors to ourselves and we are progressing well, and we believe that
Half Year 2024 Orascom Construction PLC Earnings Call Transcript
Aug 28, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers