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Orascom Development Holding AG (ODHN.S)

ODHN.S on Swiss Exchange

4.85CHF
1 Dec 2016
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Tue, Nov 15 2016

BRIEF-Orascom DH 9-mth result swings to loss

* 9-month revenue 169.98 million Swiss francs ($170.49 million) vs 245.97 million francs year ago

RPT-BRIEF-Orascom Development's unit OHD signs a CHF 228.67 mln debt refinancing package

* Orascom development's holding (ODH) largest subsidiary in Egypt, Orascom Hotels and Development (OHD), signs a 228.67 million Swiss francs ($235.65 million)debt refinancing package with its banks

BRIEF-Orascom Development's unit OHD signs a CHF 228.67 mln debt refinancing package

* Orascom development's holding (ODH) largest subsidiary in Egypt, orascom hotels and development (OHD), signs a 228.67 million Swiss francs ($235.65 million)debt refinancing package with its banks

BRIEF-Orascom Development Holding signs a three years' rental agreement

* Signs a three years' rental agreement for 3.3 million euros ($3.70 million)per annum with FTI Group for 3 hotels in Makadi through its Egyptian subsidiaries. Source text for Eikon: Further company coverage: ($1 = 0.8928 euros) (Gdynia Newsroom)

BRIEF-Orascom Development H1 revenues down 33.5 pct at CHF 109.4 million

* Achieves turnover of 109.4 million Swiss francs ($112.16 million) and adjusted EBITDA of 8.1 million francs during first half-year 2016

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