H1 2015, Improved revenue and results
In the first half of 2015, the Group posted a consolidated turnover of MAD3.258bn, up 6.8% compared to H1 2014. This increase is explained by an 11.9% improvement in the sales of existing stores, and by the effect of new openings. These items have more than offset the closure of the hypermarket of Bouskoura, converted into Carrefour (opening on August 27th). The consolidated EBITDA also improved by 21.2% to MAD217.808M, with an EBITDA margin of 6.7% (+80 bps).
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