FINANCIAL MARKET HEADLINES
| MOROCCO | AFRIQUIA GAZ | Consolidated net income down 48% in 2020, DPS stable at MAD 125
|
Indicators (MAD Mn) |
2019 |
2020 |
Change |
|
Revenue |
6 348 |
5 716 |
-9,9% |
|
EBIT |
978 |
493 |
-49,6% |
|
EBIT margin |
15,4% |
8,6% |
-6,8 pts |
|
Net income |
699 |
362 |
-48,2% |
|
Net margin |
11,0 |
6,3% |
- 4,7 pts |
|
DPS (MAD) |
125 |
125 |
- |
| MOROCCO | COLORADO | Revenue down 8% in 2020
In 2020, Colorado's sales volume fell by 2.0% to 42.5 KT. In this context, the operator’s revenue declined by 7.8% during the same period to MAD 461.6 Mn. In addition, Colorado forecasts a net income 2020 much lower than that of 2019 but which remains largely positive, significantly improving the result recorded at the end of June 2020.
| MOROCCO | MAGHREB OXYGÈNE | Profit warning
In a press release, Maghreb Oxygène forecasts a drop of 24% in its parent company’s net income compared to 2019 due to the impact of the difficult economic situation given the Covid-19 health crisis. Meanwhile, the consolidated net income 2020 should remain stable during this period.
| MOROCCO | CSE | Investors’ profile in Q4 2020
In Q4 2020, Moroccan legal entities monopolized 46% of the volume traded on the central market. For their part, UCITS concentrated 26% of the volume. Finally, Moroccan individuals and foreign legal entities represented respectively 16% and 9% of the total transactions’ flow.
ECONOMIC HEADLINES
| TUNISIA | WORKERS REMITTANCES | An increase of 5% in January 2021
In January 2021, Tunisian workers remittances increased by 4.7% to TND 507.9 Mn against TND 485.0 Mn during the same period of the previous year.
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