2015 performance is welcome
Label’Vie ended 2015 with a turnover up 6.7% to MAD6.732bn compared to the end of 2014. This performance was due to the 6.9% increase in income from supermarkets (+2% on a like-for-like basis; sales and contribution of new openings in 2014 and 2015 of MAD120m and MAD28m, respectively), the 44.2% increase in hypermarket sales (+5% on a like-for-like basis; sales and the openings of hypermarkets Oujda and Marrakech in 2014 and the opening of Carrefour Casablanca in 2015) and the 3% increase on a like-for-like basis in Atacadão format’s sales.
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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