FINANCIAL MARKET HEADLINES
| MOROCCO | COSUMAR | NIGS down 10% in H1 2020
|
Indicators (MAD Mn) |
H1 2019 |
H1 2020 |
Variation |
|
Revenues |
4104 |
4260 |
+3,8% |
|
EBITDA |
927 |
1411 |
-1,6% |
|
EBITDA Margin |
22,6% |
44,3% |
-1,2pts |
|
NIGS |
407 |
431 |
+9,8% |
|
Net margin |
9,9% |
13,5% |
-1,3pts |
| MOROCCO | OULMÈS | A loss of MAD -76 Mn in H1 2020
|
Indicators (MAD Mn) |
H1 2019 |
H1 2020 |
Variation |
|
Revenues |
799 |
630 |
-21,1% |
|
EBIT |
43 |
-29 |
MAD -72 Mn |
|
EBIT margin |
5,4% |
NS |
- |
|
NIGS |
9 |
-76 |
MAD -85 Mn |
|
Net margin |
1,1% |
NS |
- |
| MOROCCO | SRM | Revenue down 36% in Q1 2020
In Q1 2020, SRM's revenue stood at MAD 30.6 Mn against MAD 48.0 Mn during the same period of the previous year, i.e. a decrease of 36.3%.
ECONOMIC HEADLINES
| TOGO | INFLATION | Prices up 2.4% y-o-y in August 2020
According to the National Institute of Statistics and Economic and Demographic Studies, the Harmonized National Consumer
Price Index fell by 0.8% in August 2020, compared to the previous month. On a year-over-year basis, the country’s inflation rate
stands at 2.4% below the community convergence threshold of 3.0% set by WAEMU.
