Morning Brief November 26th 2024

FINANCIAL MARKETS HEADLINES

| MOROCCO | CIMENTS DU MAROC | Revenue up 1% at end of September 2024
In Q3 2024, Cimar posted non-consolidated revenue of MAD 1,009 Mn compared to MAD 880 Mn a year earlier, i.e. an increase of 14.6%. At the end of September 2024, the Group's revenue amounted to MAD 2,790 Mn, up 1.4% year-on-year.

| MOROCCO | UNIMER | Consolidated revenue down 12% at the end of September 2024
In Q3 2024, Unimer's consolidated revenue stood at MAD 371 Mn, down 2.1%. At the end of September 2024, the operator's con-solidated revenue reached MAD 836 Mn, down 11.7% year-on-year.

| MOROCCO | AFMA | Consolidated revenue up 10% at the end of September 2024
In Q3 2024, AFMA recorded a consolidated revenue up 8% to MAD 53 Mn. In this context, the company's consolidated revenue rose by 10% to MAD 212 Mn at the end of September 2024.

ECONOMIC HEADLINES

| CÔTE D’IVOIRE | INFLATION | An inflation rate of 2.6% in October 2024
According to the National Agency of Statistics of Côte d’Ivoire (ANStat), the Harmonized Consumer Prices Index decreased by 0.4% in October 2024 compared to the previous month. On an annual basis, the inflation rate stood at 2.6%.

 

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