Orascom Development Holding AG announces its Egyptian Subsidiary Q1 2024 Financial Results

Orascom Development Holding AG / Key word(s): Miscellaneous/Miscellaneous Orascom Development Holding AG announces its Egyptian Subsidiary Q1 2024 Financial Results 15-May-2024 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. Ad hoc announcement pursuant to Art. 53 LR.

Orascom Development Holding AG announces its Egyptian Subsidiary (ODE) Q1 2024 Financial Results.

Altdorf, 15 May 2024 – Orascom Development Holding AG (ODH) is pleased to announce that Orascom Development Egypt (ODE), the largest Egyptian subsidiary of the Group, has reported its Q1 2024 financial results today. Please find the earnings release along with the presentation under the link below:

https://www.orascomde.com/investor-relations/financial-reports

Orascom Development Holding (ODH) Q1 2024 results will be announced on Tuesday, May 21st, at 7:00 a.m. CET.

 

About Orascom Development Holding AG:

Orascom Development Holding (ODH) is a leading developer of fully integrated towns, including hotels, private villas, apartments, leisure facilities such as golf courses, marinas, and supporting infrastructure. Orascom Development Holding’s diversified portfolio is spread over seven jurisdictions (Egypt, UAE, Oman, Switzerland, Morocco, Montenegro, and the United Kingdom). The group currently operates ten destinations: five in Egypt (El Gouna, Taba Heights, Makadi Heights, O-West, and Byoum), The Cove in the United Arab Emirates, Jebel Sifah and Hawana Salalah in Oman, Luštica Bay in Montenegro, and West Carclaze Garden Village in the United Kingdom. The shares of ODH are listed on the SIX Swiss Exchange.

 

For more information, please visit https://www.orascomdh.com/.

 

Contact for Investors:      

Ahmed Abou El Ella     

Director of Investor Relations    

Tel: [phone]

Mobile: [phone]      

Email: [e-mail]

 

 

Disclaimer

This press release may contain forward-looking statements based on current assumptions and forecasts of ODH management. Known and unknown risks, uncertainties, and other factors could lead to material differences between any forward-looking statements made here and the actual development, particularly ODH's results, financial situation, and performance. ODH accepts no responsibility for updating or adapting forward-looking statements to future events or developments.

 

 

 

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End of Inside Information

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Language:	English
Company:	Orascom Development Holding AG
	Gotthardstraße 12
	6460 Altdorf
	Switzerland
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.orascomdh.com
ISIN:	CH0038285679
Valor:	A0NJ37
Listed:	SIX Swiss Exchange
EQS News ID:	1903111

End of Announcement	EQS News Service

1903111  15-May-2024 CET/CEST