Report
EUR 236.14 For Business Accounts Only

Solid outlook despite a difficult context

As of June 30, 2017, the turnover of Dar Saada has shown an increase of 4.4%, amounting to ADM917m compared to Q2 2016. The net result has climbed by 128% to ADM147m (represented under IFRS framework) and the margin established at 16%. The debt ratio stabilised at 39% with a net debt of MAD2,470m. The operational realisations have evolved significantly with the commercialisation of 1,404 units worth MAD461m, as well as around 8,300 pre-sold units for a secured turnover of MAD2,500m.
Underlying
Residences Dar Saada SA

Provider
AlphaMena Corporate Services
AlphaMena Corporate Services

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.

Analysts
Selima MRABET

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