Report
EUR 5.00 For Business Accounts Only

ALUMINIUM DU MAROC: Negative price impact in Q3 2019

  • A 5% y-o-y decrease in the turnover to MAD 577.2m at end September 2019;
  • An 8% y-o-y decline in the industrial margin to MAD 44.3m;
  • A 3.3x y-o-y rise in investment budget to MAD 9.3m;

And, a 9% y-t-d increase in debt to MAD 195.5m.

Underlying
Aluminium du Maroc

Provider
BMCE Capital Global Research
BMCE Capital Global Research

BMCE Capital Global Research is a subsidiary of BMCE Capital Group dedicated to Research and Financial Analysis. It is addressed to professional investors (financial institutions, management companies, etc.) to which it provides information and independent analysis aligned with international standards. BMCE Capital Research covers equities, interest rate, Forex and commodities markets in Morocco, Tunisia and WAEMU region (Bourse Régionale des Valeurs Mobilières, BRVM). Thanks to its latest generation technology platform, to its teams and to those of its partners, the Research Office of BMCE Capital is now able to cover simultaneously several places in Africa and to produce several publications co-branded under its umbrella brand African Securities Network, ASN.

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