Brief: Orascom 9-Month Net Loss Narrows To CHF 7.9 Million

Orascom Development Holding AG

13/11/2019 06:07

Nov 13 (Reuters) - ORASCOM DEVELOPMENT HOLDING AG  ODHN.S :
    * EQSCONTINUES TO DELIVER STRONG RESULTS WITH A REVENUE
GROWTH OF
42.7% AND ADJUSTED EBITDA OF CHF 57.3 MILLION.
    * 9-MONTH TOTAL REVENUES SURGED BY 42.7% TO CHF 325.2
MILLION.
    * 9-MONTH ADJUSTED. EBITDA INCREASED BY 48.8% TO CHF 57.3
MILLION
VERSUS. CHF 38.5 MILLION IN 9M 2018 (PRO-FORMA).
    * 9-MONTH NET LOSSES SIGNIFICANTLY DECREASED BY 73.4% TO CHF
7.9
MILLION VERSUS. A LOSS OF CHF 29.7 MILLION IN 9M 2018.
    * ON TRACK TO ACHIEVING FULL YEAR 2019 TARGETS

Source text for Eikon:  ID:nEQ96Lsv5a 
Further company coverage:  ODHN.S 

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