At the end of September, turnover increased by 22% – site for stock market information, financial investment analysis and advice

  • | The 11/30/2021 at 11:44

    The group saw its turnover decline due to the slippage of deliveries due to the delay in receipt of completed units. Pre-sales in Q3-2021 fell by 26% compared to the same period in 2020 due to the unfavorable base effect. The group’s debt fell by 8% at the end of September to 2.5 billion dirhams.

  • | The 11/30/2021 at 10:09

    The group took advantage of the recovery in global demand and the improvement in selling prices for rock, fertilizers and acid. Turnover increased in all segments. In addition to this, the optimization of production costs made it possible to increase the group’s EBITDA margin by 9 points to 42%.

  • | The 30/11/2021 at 9:15

    Sales in the local and foreign markets showed an increase at the end of September. The group’s indebtedness shows a small increase due to the increase in the amount outstanding at the compensation fund. Bad weather conditions reduced the production of white sugar by 26% compared to the previous season. The Durrah refinery started production and marketing at the start of Q3-2021.

  • | The 11/30/2021 at 8:49 am

    The group benefited from the good national economic situation and the recovery of the hotel sector during the summer period. The beer and water activities posted volume growth of 8% and 16% respectively over the period. The group posted a net financial surplus of MAD 512 million over the period.

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