FINANCIAL MARKET HEADLINES
| MOROCCO | SRM | Revenue up 30% in Q3 2022
In Q3 2022, SRM's revenue amounted to MAD 64.6 Mn, up 30.3% compared to the same period of the previous year. Meanwhile, the company's EBITDA fell from MAD -1.8 Mn in Q3 2021 to MAD -2.3 Mn in Q3 2022.
| MOROCCO | INVOLYS | Payout of an extraordinary DPS of MAD 5
Involys’ shareholders are convened, on December 5th 2022, to an Ordinary General Meeting. The latter decides to pay out, on an exceptional basis, optional reserves for a total amount of MAD 1,913,580, i.e. MAD 5 per share. This dividend will be paid from December 28th 2022.
ECONOMIC HEADLINES
| WAMEU | INFLATION | An inflation rate of 8.3% in September 2022
According to the Central Bank of West African States (BCEAO), the inflation rate in the WAEMU region would have settled at 8.3% in September 2022, year-on-year.
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