COSUMAR: 2017 achievements in good shape and in line with our forecasts
- Consolidated sales up by 5.9%, driven by the export activity;
- A 4.8% increase in consolidated EBITDA thanks to efforts in terms of energy optimization;
Proposal by the Board of Directors to the OGM to distribute a MAD 10 DPS and to the EGM to increase the capital by incorporation of the reserves and free distribution of a new share for each 2 old shares.
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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