FINANCIAL MARKETS HEADLINES
|MOROCCO | JET CONTRACTORS | Consolidated revenue up 54% at the end of September 2024
In Q3 2024, Jet Contractors' consolidated revenue stood at MAD 728.2 Mn, up 90.2% year-on-year. In this context, the Group's consolidated revenue show an increase of 53.5% at the end of September 2024 to MAD 2,108.1 Mn.
| MOROCCO | COLORADO | Revenue up 1% at the end of September 2024
In Q3 2024, Colorado's revenue amounted to MAD 184.0 Mn, up 13.1% compared to the same period of the previous year. In this context, the company's revenue rose by of 1.3% at the end of September 2024 to MAD 465.7 Mn.
| MOROCCO | JET CONTRACTORS | An invitation for the OGM for a bond issue of MAD 1 Bn
Jet Contractors’ shareholders are convened to the Ordinary General Meeting, on December 16th 2024. This should deliberate on an ordinary bond issue program, with or without a public offering, for a maximum amount of MAD 1 Bn, achievable in one or more times, within a period of 5 years.
| MOROCCO | CARTIER SAADA | Revenue up 16% during the period from 04/01/2024 to 09/30/2024
During the period from 04/01/2024 to 09/30/2024, Cartier Saada's revenue increased by 15.7% to MAD 133.1 Mn. In this context, exports represented 98.5% of the company's revenue, up 19.2% during the same period.
| MOROCCO | CSE | Investors’ profile in Q2 2024
According to AMMC indicators related to investors’ profile within the stock market in Q2 2024, the volume traded on the official market was monopolized 32% by UCITS, 31% by Moroccan legal entities, 27% by Moroccan individuals and 6% by foreign legal entities.
ECONOMIC HEADLINES
| TUNISIA | FOREIGN TRADE | Figures at the end of October 2024
At the end of October 2024, Tunisia's exports rose by 2.1% to TND 51,623.4 Mn. Likewise imports increased by 1.4% to TND 67,339.4 Mn. In this context, the trade deficit went from TND -15,853.1 Mn at the end of October 2023 to TND -15,716.0 at the end of October 2024. Finally, the coverage rate stood at 76.7%, an improvement of 0.6 point compared to the same period of the previous year.
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