BMCE Capital Research Earnings Q3 2020
- Cumulative revenues impacted by the poor trend of the industries rating (-4.8% to MAD 170.3bn), including an improvement in Q3 (+4.1% to MAD 56.9bn);
- A total investment budget of MAD 8.1bn, decreasing by -13.4% in y-o-y;
- Increasing debt by +2.2% to MAD 65.6bn compared to 09/30/2019.
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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