On the right track
ADI’s Q2 2017 turnover reached MAD1,535m, a 9% increase compared to Q2 2017. ADI is showing a positive net result for the second consecutive year, which has climbed by 63% to MAD52m compared to the same period in 2016. Considerable effort has been made to reduce the debt ratio. In fact, the overall net debt decreased by 39% to MAD5,200m compared to Q2 2015. The bank loans amounted MAD1,300m compared to MAD1,780m at the end of 2016, and the private debt is in its final restructuring phase with an objective of MAD1,600m by the end of 2017.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
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