Solid H1 2017 results
Lesieur Cristal posted a H1 2017 consolidated sales of MAD2.38bn, an increase by 24.6% yoy. The operating income climbed 22.7% to MAD146m, for an operating margin that was almost stable at around 6.1%. Lesieur’s attributable net profit was up by 8.6% to MAD101m. The net margin lost 60 bps to 4.2%.As for the parent company’s figures, they show a 25.4% increase in revenues to MAD2.39bn, and an 11% increase in operating income to MAD141m, for an operating margin of 5.9% (-80 bps).
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