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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Q3 2024 Orascom Development Holding AG Earnings Call Transcript

Nov 14, 2024 / 01:00PM GMT
Operator

Today ODH 3Q '24 results conference call. From management we have Omar El Hamamsy, CEO; Ashraf Nessim, CFO; and Ahmed Abou El Ella, IR Director. As usual, we'll start off with a presentation by management and then we'll open the floor for questions.

I will now hand over the call to management for the presentation.

Omar El Hamamsy
Orascom Development Holding AG - Chief Executive Officer

Thank you very much. And good afternoon everyone. This is Omar. Very happy to walk you through our nine month results for 2024. And just a very quick reminder. We had a very strong year 2023 which you can see on this brief slide here, which had a record set of sales, a record set of revenues, a record set of profits both at the adjusted EBITDA level of operating profits or at the net profit level.

Let's start looking at what happened over the last nine months for us here and what you can see here very clearly is a healthy growth in revenues as well as a healthy growth in operating profits and a healthy growth in the adjusted net profit. We talk about where the

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