Cosumar is fully enjoying the favourable climate
The Moroccan sugar operator, Cosumar, recorded an increase in its sales by nearly 9% to MAD3.318bn. The EBITDA was up 19.8% to MAD831.3M, with an EBITDA margin of 25.0% (+220 bps). The operating result increased by 38.9%. The operating margin was stable at 19.1% (+410 bps). The RNPG stood at MAD404M, an increase of 38.8%. The net margin was 12.2% at the end of June 2015, against 9.6% a year earlier.For the parent company, the turnover reached MAD2.635bn, up 6.9%.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.