Report
EUR 10.18 For Business Accounts Only

CIMENTS DU MAROC: A 2017 consolidated net income in concrete

  • A consolidated turnover rising by 4.7% thanks to both the export and building materials activities;
  • A positive consolidated net income of MAD 1,005m (against a deficit of MAD -118m in 2016) following the non-recurrence of the provision of impairment test for its stake in SUEZ CEMENT COMPANY;

And, distribution of an ordinary MAD 75 DPS (vs. MAD 65 in 2016) and a special MAD 25 DPS.

Underlying
Les Ciments 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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