Brief: ODH: 2022 Revenue Of CHF 689.7 Mln, Net Profit Of CHF 51.3 Mln

Orascom Development Holding AG

30/03/2023 06:09

March 30 (Reuters) - Orascom Development Holding Ag
 ODHN.S :
    * ODH DELIVERS STRONG RESULTS WITH REVENUE REACHING CHF
689.7
MILLION IN FY 2022 AND NET PROFIT OF CHF 51.3 MILLION, THE
HIGHEST SINCE 2013.
    * DELIVERS STRONG RESULTS WITH REVENUE REACHING CHF
689.7MILLION
IN FY 2022 AND NET PROFIT OF CHF 51.3 MILLION, HIGHEST SINCE
2013
    * ADJUSTED EBITDA RECORDED A 42.6% INCREASE TO CHF 186.7
MILLION
AND A MARGIN OF 27.1%
    * REMAIN CONFIDENT IN OUTLOOK FOR GLOBAL HOSPITALITY AND
REAL
ESTATE MARKETS, WHICH HAS AGAIN CONFIRMED ITS RESILIENCE AND
ACHIEVE ANOTHER YEAR OF GROWTH IN 2023
    * CONTINUING TO ABSTAIN, AT LEAST FOR TIME BEING, FROM
PROVIDING
GUIDANCE FOR 2023

Further company coverage:  ODHN.S 

 (Reporting by Berlin Newsroom)
 ((berlin.newsroom@thomsonreuters.com;))