FINANCIAL MARKET HEADLINES
| MOROCCO | SNEP | Press release
On Monday May 31st 2021 at 3.15 p.m., on the first day of the annual general maintenance shutdown of the SNEP industrial com-plex, a work accident occurred, caused by the explosion of an empty small hydrochloric acid tank ( 7 cubic meters) previously inerted. To this end, SNEP informs its partners that this incident will have no impact on its activities.
| MOROCCO | SALAFIN | NBI down 2% in Q1 2021
At the end of the first quarter of 2021, Salafin's NBI recorded a decrease of -2.1% to MAD 98.2 Mn against MAD 100.3 Mn in Q1 2020.
| MOROCCO | ALM | Revenue up 22% in Q1 2021
In Q1 2021, the revenue of ALM (Aluminum du Maroc) shows an increase of 22% to MAD 212.4 Mn against MAD 174.2 Mn a year earlier.
| MOROCCO | SOTHEMA | Revenue down 1% in Q1 2021
At the end of March 2021, Sothema’s revenue amounted to MAD 503 Mn. The latter decreased by 0.6% during the same period of the previous year.
| MOROCCO | S2M | Consolidated revenue increased by 6.5% in Q1 2021
At the end of the first quarter of 2021, S2M's consolidated revenue stood at MAD 52.2 Mn, up 6.5% compared to the first quarter of 2020.
| MOROCCO | CTM | Consolidated revenue down 7% in Q1 2021
At the end of March 2021, CTM's consolidated revenue settled at MAD 128 Mn. This shows a decrease of 7.2% compared to the same period of the previous year.
ECONOMIC HEADLINES
| TUNISIA | INDUSTRY | Production up 4% at the end of March 2021
In Q1 2021, industrial production grew 3.6% year-on-year. This was driven by the manufacturing industries (+1.6%) and the mining industries (+16.7%).
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