Q1 2020 Orascom Construction PLC Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Orascom Construction Q1 2020 Results Conference Call. (Operator Instructions) And this call is recorded today on Thursday, 21st of May 2020.
And I would now like to hand over to your speaker today, Mr. Osama Bishai. Please go ahead, sir.
Good afternoon, and good morning, everybody. Thank you for joining our call for the results of Q1 2020. Let me start first with some headlines and give you a flavor of some of the issues that we are facing due to the current situation. And then after that, Ms. Reham Beltagy, our CFO, will share with you the numbers, and then we'll try to be efficient as possible and then allow you as much time for questions and answers.
To summarize Q1, we have successfully acquired additional business of $600 million, almost, to maintain a backlog of $5.4 billion, very close to the one we had at the end of 2019, which is something that we are very proud of. We also have achieved
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