Orascom Construction PLC (ADX:ORAS)
د.إ 49.82 -0.020 (-0.04%) Market Cap: 5.49 Bil Enterprise Value: 1.88 Bil PE Ratio: 6.72 PB Ratio: 1.67 GF Score: 52/100

Q2 2021 Orascom Construction PLC Earnings Call Transcript

Aug 30, 2021 / NTS GMT
Operator

Good day, and thank you for standing by. Welcome to the Orascom Construction H1 2021 Results Conference Call. (Operator Instructions) And please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Osama Bishai. Thank you. Please go ahead.

Osama Anwa Bishai
Orascom Construction PLC - CEO & Executive Director

Thank you very much. Good morning, good afternoon, everybody. I'd like you -- to welcome you back. I hope you had enjoyed the good summer.

First, I would like to make a quick tribute. We have -- in August, we had the event of losing the founder of our organization. He passed away at the age of 91. He was a great captain of the industry. He was a great philanthropist. It was a major loss for a lot of people that worked with him and obviously, more to his family and friends.

Moving on to the numbers. For the first half of this year, we have achieved slightly shy of $1.7 billion of revenue with, let's say, the expected or targeted EBITDA margin of 6% consolidated

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