Orascom Development Holding AG (FRA:4O7)
€ 11.39511 0 (0%) Market Cap: 261.09 Mil Enterprise Value: 569.25 Mil PE Ratio: 0 PB Ratio: 1.22 GF Score: 76/100
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Half Year 2024 Orascom Development Holding AG Earnings Call Transcript

Aug 14, 2024 / 12:00PM GMT
Sara El;Gawahergy
Orascom Development Holding AG

Hello, everyone, and thank you for dialing in this favorable to us from Sky Captaris 50. We're happy to be hosting today, ODH 2Q '24 results conference call. From the management team, we have with us Omar Hamamsy, CEO; Ashraf Nessim, CFO; and Ahmed Abou Ella, IR Director. As usual, we will start off with the presentation by the management team, and then we will open the floor for questions. I will now hand over the call to Omar for the presentation.

Omar El Hamamsy
Orascom Development Holding AG - Chief Executive Officer

Thank you, good afternoon, everyone, and very happy to be with you to talk you through how we did over the last 3 months in the second quarter of 2024. Another very strong quarter for Orascom Development, one that we're very excited about, building on the back of a very strong year 2023, building on the back of a very challenging environment in the first quarter of 2024 where we had a major devaluation in one of our major markets, the Egyptian market. But on the back of this,

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