Orascom Construction PLC (CAI:ORAS)
E£ 393.8 +322.75 (+454.26%) Market Cap: 43.41 Bil Enterprise Value: 7.99 Bil PE Ratio: 8.01 PB Ratio: 1.21 GF Score: 56/100

Half Year 2020 Orascom Construction PLC Earnings Call Transcript

Aug 26, 2020 / 11:30AM GMT
Release Date Price: E£72.93 (+6.11%)
Operator

Ladies and gentlemen, thank you for standing by and welcome to the Orascom Construction H1 2020 Results Conference Call. (Operator Instructions) I must also advise you that this conference is being recorded today.

And now without any further delay, I would like to hand the conference over to your speaker today, Osama Bishai. Please, Osama, over to you now.

Osama Anwa Bishai
Orascom Construction PLC - CEO & Executive Director

Thank you. Good afternoon, and good morning, everybody. We are welcoming you back for our H1 results call. First of all, we're quite happy that how the business reacted over the last quarter which was coupled with the COVID-19 challenges. We believe we have demonstrated a good resilient attitude as far as the operation is concerned and as far as also our financial performance. Most of our business is almost split between the U.S. and Egypt. Both areas had a much more flexible attitude versus lockdown concept. We -- in Egypt, we have worked almost fully operational, obviously, putting in mind the precautions that we take for

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