Orascom Construction Plc · EGX:ORAS

Orascom Construction — H1 2026 Earnings Presentation

17 slides from Orascom Construction's earnings presentation, Aug 14, 2026

  1. Slide 1: H1 2026 Results Presentation

    H1 2026 Results Presentation 14 August 2026

  2. Slide 2: Table of Contents

    Table of Contents Section Page Highlights 1 Summary Income Statement 2 Consolidated Backlog 3-5 Pro Forma Snapshot Including BESIX 6 Concessions and Subsidiaries 7 Financial Statements 8-13

  3. Slide 3: Highlights

    Highlights ▪ Revenue of USD 1,509.6 million, EBITDA of USD 92.6 million, and net profit attributable to shareholders of USD 61.9 million in Q2 2026 ▪ Revenue of USD 2,978.0 million, EBITDA of USD 200.9 million, and net profit attributable to shareholders of USD 115.3 million in H1 2026 ▪ Growth was

  4. Slide 4: Summary Income Statement

    Summary Income Statement USD million Revenue by Geography – H1 2026 H1 2026 H1 2025(1) Change Q2 2026 Q2 2025(1) Change Revenue 2,978.0 1,955.9 52.3% 1,509.6 1,108.3 36.2% MEA 1,502.3 1,155.3 30.0% 757.4 636.6 19.0% USA Egypt USA 1,475.7 800.6 84.3% 752.2 471.7 59.5% 49.6% 36.2% EBITDA 200.9 117.4 7

  5. Slide 5: Consolidated Backlog

    Consolidated Backlog Evolution of Consolidated Backlog (USD Billion) (1) Consolidated Backlog New Awards ▪ Consolidated backlog increased 13.9% y-o-y to USD 10,879.0 million as of 30 June 2026 10.9 ▪ Consolidated new awards increased 67.0% y- 9.6 o-y to USD 2,945.9 million in Q2 2026 and 9.0 41.9% y

  6. Slide 6: Consolidated Backlog Breakdown – 30 June 2026

    Consolidated Backlog Breakdown – 30 June 2026 Backlog by Geography(1) Backlog by Sector Other Industrial 3.0% 7.7% Commercial 13.2% USA Egypt Infrastructure 36.4% 45.3% 79.1% UAE 6.6% KSA 8.7% Backlog by Client Backlog by Currency(1) EGP 11.3% Private Public FCY & FCY- 48.4% 51.6% pegged 88.7% (1) 7

  7. Slide 7: Evolution of Backlog by Geography

    Evolution of Backlog by Geography Consolidated Backlog by Geography (Excluding BESIX) $5.3 bn $8.1 bn $7.6 bn $9.0 bn $10.9 bn 0.3 0.2 4.0 0.2 0.3 2.9 1.7 1.6 0.7 0.6 0.3 0.6 0.7 0.9 0.2 1.3 0.1 5.5 5.1 4.9 4.9 3.6 2022 2023 2024 2025 H1 2026 Egypt KSA UAE USA Other 5 Note: Backlog/new awards chart

  8. Slide 8: Pro Forma Snapshot Including 50% of BESIX – H1 2026

    Pro Forma Snapshot Including 50% of BESIX – H1 2026 ▪ BESIX’s standalone backlog decreased 16.1% y-o-y to EUR 6,293.9 million as of 30 June 2026 ▪ New awards increased 30.5% y-o-y to EUR 1,070.4 million in Q2 2026 and 13.7% y-o-y to EUR 1,613.8 million in H1 2026, and were led by projects in Europe

  9. Slide 9: Concessions, Building Materials, Equipment Services, and Facility Mgmt.

    Concessions, Building Materials, Equipment Services, and Facility Mgmt. Concessions distributed a total of USD 6.1 million in H1 2026, and the building materials, equipment services and facility management segment contributed USD 8.0 million (6.9%) to total net profit in H1 2026 Company Ownership H1

  10. Slide 10: Financial Statements

    Financial Statements 10

  11. Slide 11: Income Statement

    Income Statement USD million H1 2026 H1 2025 Q2 2026 Q2 2025 Results Commentary Revenue 2,978.0 1,955.9 1,509.6 1,108.3 Revenue: Cost of sales (2,688.5) (1,753.3) (1,367.3) (997.5) ▪ Consolidated revenue increased 36.2% y-o-y to USD Gross profit 289.5 202.6 142.3 110.8 1,509.6 million in Q2 2026 and

  12. Slide 12: Balance Sheet

    Balance Sheet USD million 30 Jun 2026 31 Dec 2025 Results Commentary ASSETS Non-current assets Non-current assets ▪ Total equity account investees of USD 521.1 million, out of Property, plant and equipment 219.4 178.5 which BESIX represents USD 451.2 million as of 30 June Goodwill 27.7 27.7 2026 Tra

  13. Slide 13: Balance Sheet

    Balance Sheet USD million 30 Jun 2026 31 Dec 2025 Results Commentary EQUITY Equity: Share capital 110.2 110.2 ▪ The movement in reserves relates primarily to currency Share premium 467.3 467.3 translation differences Reserves (449.1) (448.9) Liabilities: Retained earnings 858.2 743.9 ▪ Trade and oth

  14. Slide 14: Cash Flow Statement

    Cash Flow Statement USD million 30 Jun 2026 30 Jun 2025 Results Commentary Cash flow generated from / (used in) operating activities: Net profit 127.8 89.3 ▪ Operating cashflow of USD (54.5) million in H1 2026 Adjustments for: compared to USD 26.2 million in H1 2025 Depreciation 21.4 16.3 ▪ Reflects

  15. Slide 15: Cash Flow Statement

    Cash Flow Statement USD million 30 Jun 2026 30 Jun 2025 Results Commentary Cash flow used in investing activities: Contribution / Investment in associate (53.1) (35.1) ▪ Cash flow used in investing activities of USD 240.9 million in Proceeds from sale PPE 3.1 2.9 H1 2026 compared to USD 60.5 million

  16. Slide 16: Important Notice and Disclaimer

    Important Notice and Disclaimer This document has been provided to you for information purposes only. This document does not constitute an offer of, or an invitation to invest or deal in, the securities of Orascom Construction PLC (the “Company”). The information set out in this document shall not f

  17. Slide 17: Contact Investor Relations

    Contact Investor Relations: Hesham El Halaby Vice President hesham.elhalaby@orascom.com ADX and EGX: ORAS www.orascom.com

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