Morning Brief September 1st, 2023

FINANCIAL MARKET HEADLINES

| MOROCCO | ALLIANCES | Consolidated revenue up 21% in H1 2023
In H1 2023, the consolidated revenue of Alliances amounted to MAD 1,003 Mn against MAD 826 Mn in H1 2022, i.e. an increase of 21%. Likewise, pre-sales recorded an increase of 7% to 1,829 units.

| MOROCCO | SOTHEMA | Consolidated revenue up 3% in H1 2023
In Q2 2023, Sothema posted a consolidated revenue of MAD 612 Mn, up 7.3% year-on-year. For H1 2023, this amounted to MAD 1,184 Mn, rising by 3.0%.

| MOROCCO | RDS | Consolidated revenue down 14% in H1 2023
In H1 2023, RDS’s consolidated revenue amounted to MAD 253 Mn against MAD 294 Mn in H1 2022, i.e. a decline of 13.9%. Like-wise, pre-sales fell by 17.5% to 1,123 units.

| MOROCCO | CMT | Consolidated revenue up 29% in H1 2023
In Q2 2023, CMT's consolidated revenue amounted to MAD 144 Mn, i.e. an increase of 6% year-on-year. In H1 2023, this stood at MAD 275 Mn, up 29%.

...

Read More.