Orascom Development Holding AG: Continues to deliver strong KPIs across all its destinations...
(WorldNews Switzerland)

Orascom Development Holding AG / Key word(s): 9-month figures/9-month figures 12-Nov-2018 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 KR The issuer is solely responsible for the content of this announcement. Orascom Development Holding AG: Continues to deliver strong KPIs across all its destinations and more than doubles its cash generation from its operations. Group Highlights Total revenues grew by a solid 33.4% to reach CHF 227.8 million in 9M 2018. Net real estate sales significantly increased by 83.5% to CHF 158 million. Real estate revenues surged by 61.1% to CHF 79.6 million on the back of increased unit deliveries in El Gouna, Jebal Sifah, Hawana Salalah...