Report
EUR 10.00 For Business Accounts Only

LESIEUR CRISTAL: A 2018 net income below our forecasts

 

  • A 6.2% decline in consolidated Sales to MAD 4,298m;
  • A 54.1% drop in Net Income-Group Share to MAD 89m, impacted by the exceptional tax burden;
  • Distribution of a MAD 3.5 DPS against MAD 5 in 2017.
Underlying
Lesieur Cristal S.A.

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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