FINANCIAL MARKET HEADLINES
| MOROCCO | MUTANDIS | Current net income down 14% in 2020, DPS stable at MAD 8.5
Indicators (MAD Mn) |
2019 |
2020 |
Change |
Revenue |
1 462 |
1 396 |
-4,5% |
EBITDA |
228 |
225 |
-1,3% |
EBITDA margin |
15,6% |
16,1% |
+0,5 pts |
Current Net income |
93 |
80 |
-13,9% |
Net margin |
6,4% |
5,7% |
-0,7 pts |
DPS (MAD) |
8,5 |
8,5 |
- |
| MOROCCO | CMT | OGM extraordinary meeting for a bond loan of MAD 300 Mn
CMT shareholders are convened to an Ordinary General Meeting held Extraordinarily on March 12th 2021. This will deliberate on the issuance of one or more bond loans for an amount of MAD 300 Mn.
| MOROCCO | CARTIER SAADA | Revenue down 21% during the period from 04/01/2020 to 12/31/2020
During the period from 04/01/2020 to 12/31/2020, Cartier Saada's revenue fell by 20.9% to MAD 108.8 Mn. This results from the decrease of 24.7% in exports which accounted for 91.0% of the company's revenue.
ECONOMIC HEADLINES
| TUNISIA | FOREIGN TRADE | The trade deficit down 18% in January 2021
In January 2021, exports fell by 7.9% to TND 3,366.4 Mn. Likewise, imports declined by 10.1% to TND 4,158.7 Mn. In this context, the trade deficit decreased by 18.4% to TND -792.2 Mn, corresponding to a coverage rate of 81.0%. The latter shows an improvement of 2.0 pts compared to January 2020.
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