Report

LAFARGEHOLCIM MAROC: Declining half-year 2017 results

  • An unfavorable sector context combined with an increase in the energy cost (petcoke);
  • Half-year results overall in line with our annual forecasts;
  • Favorable outlooks for H2 2017, according to the Top Management, supposed to mitigate the downturn recorded in H1 2017.
Underlying
LafargeHolcim Maroc SA

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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