Orascom Development: Earnings release 2022

Orascom Developments financial results 2022 show record figures across many key metrics despite various challenging economic market conditions. The company's top line, bottom line, and real estate sales figures were the highest in more than ten years. FY 2022 figures demonstrate our continued commitment to delivering high revenue growth with substantial margin improvements. The strength in margins, which are in line with our short- and medium-term trajectory, demonstrates the quality of our underlying portfolio, and improving revenue mix across our business segments. ODH's results in 2022 reflect not only resilience in testing times, but the company's agility in swiftly responding to changing market conditions. In

light of the devaluation of the Egyptian pound, we continue to monitor market dynamics and assess the situation from a position of strength and experience, and we will continue to follow our strategy which proved to be successful in previous cycles.