Orascom Construction PLC (CAI:ORAS)
E£ 380.1 (0%) Market Cap: 41.90 Bil Enterprise Value: 7.99 Bil PE Ratio: 8.01 PB Ratio: 1.21 GF Score: 56/100

Q3 2021 Orascom Construction PLC Earnings Call Transcript

Nov 17, 2021 / 03:00PM GMT
Release Date Price: E£69.74
Operator

Good afternoon, ladies and gentlemen, and welcome to the Orascom Construction 9 Months 2021 Results Conference Call. (Operator Instructions) Just to remind you all, this conference call is being recorded.

I would now like to hand over to Osama Bishai, CEO of Orascom Construction. Please go ahead, sir.

Osama Anwa Bishai
Orascom Construction PLC - CEO & Executive Director

Good afternoon and good morning, everybody. Welcome to our 9 months results call. Let's get to our -- we'll go through our usual. I will just make a quick presentation. Reham will elaborate on the financials. And then we will be ready to take all your questions and queries.

Basically, this quarter reflects -- and Reham will go into the actual numbers. We had 9 months revenue of $2.5 billion for the 9 months and an EBITDA of $146 million, again, for the 9 months. We believe that we have a steady performance as far as our revenue and EBITDA. Our EBITDA over the 9 months are within our targets.

We are aware that Q3 reflected a lower EBITDA margin. I believe this is

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