November 12, 2018 / 6:15 AM / in a month

BRIEF-Orascom Development Holding 9-Mth Adj. EBITDA Up At CHF 45.8 Mln

Nov 12 (Reuters) - ORASCOM DEVELOPMENT HOLDING AG:

* TOTAL REVENUES GREW BY A SOLID 33.4% TO REACH CHF 227.8 MILLION IN 9M 2018

* 9-MONTH NET REAL ESTATE SALES SIGNIFICANTLY INCREASED BY 83.5% TO CHF 158 MILLION

* ADJUSTED EBITDA UP 182.7% TO CHF 45.8 MILLION IN 9M 2018

* ADJUSTED NET LOSSES EXCLUDING ONE OFFS REACHED CHF 22.2 MILLION VERSUS. ADJUSTED. NET LOSSES OF CHF 44.2 MILLION YEAR AGO

* REPORTED NET LOSS REACHED CHF 29.6 MILLION IN 9M 2018 VERSUS. CHF 30.3 MILLION IN 9M 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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