On the right track
For the first half of 2015, Addoha reported consolidated revenues of MAD3.38bn, representing a 0.5% increase compared to 06/30/2014, of which MAD2.412bn for the economic and medium segment. ADH group delivered 8,686 economic-standing units and only 377 units for the luxury-standing segment. The operating profit has improved by 3.7% to MADM697, corresponding to an operating margin of 20.65% vs 20% for H1 2014. This improvement is due to the recovery in sales and control of the production costs.Note the recovery of H1 2015 financial income (MAD64.384M vs MAD-13.181M for H1 2014) despite the increase in the cost of debt (MAD-307.052M vs MAD-256.783M).
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