ALUMINIUM DU MAROC : Un T3 2019 difficile
- Baisse de 5% en y-o-y du CA à M MAD 577,2 à fin septembre 2019;
- Repli de 8 en y-o-y de la marge industrielle à M MAD 44,3;
- Bond de 3,3x en y-o-y du budget d’investissement à M MAD 9,3;
Et, hausse de 9% en y-t-d de l’endettement à M MAD 195,5.
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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