Orascom Construction PLC 2024 AR2
The report highlights Orascom Construction PLC's strong operational and financial performance in 2024, maintaining a pro forma backlog of USD 11.8 billion and achieving revenues of USD 3.25 billion. Key milestones include expanding the Red Sea Wind Energy project to 650 MW, with 306 MW commencing commercial operations ahead of schedule, and delivering 115 MW of data center capacity in the US. In sustainability, the company expanded its environmental and social team to 21 specialists, managing 14 internationally financed projects, and achieved significant safety milestones, including 20 million safe man-hours at the Magdi Yacoub Global Heart Centre.
Company: Orascom Construction PLC
Sector: Industrials
Country: United Arab Emirates
Year: 2024
Type: AR2
Pages: 272
Orascom Construction PLC
Annual Report
The report highlights Orascom Construction PLC's strong operational and financial performance in 2024, maintaining a pro forma backlog of USD 11.8 billion and achieving revenues of USD 3.25 billion. Key milestones include expanding the Red Sea Wind Energy project to 650 MW, with 306 MW commencing commercial operations ahead of schedule, and delivering 115 MW of data center capacity in the US. In sustainability, the company expanded its environmental and social team to 21 specialists, managing 14 internationally financed projects, and achieved significant safety milestones, including 20 million safe man-hours at the Magdi Yacoub Global Heart Centre.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees