FINANCIAL MARKET HEADLINES
| MOROCCO | LESIEUR CRISTAL | Consolidated net income down 29% in H1 2020
|
Indicators (MAD Mn) |
H1 2019 |
H1 2020 |
Variation |
|
Revenues |
1943 |
2067 |
6,4% |
|
EBIT |
121 |
143 |
18,2% |
|
EBIT margin |
6,2% |
6,9% |
+0,7pts |
|
Consolidated net income |
89 |
63 |
-29,2% |
|
Net margin |
4,6% |
3,0 |
-1,6pts |
| MOROCCO | HPS | NIGS up 23% in H1 2020
|
Indicators (MAD Mn) |
H1 2019 |
H1 2020 |
Variation |
|
Revenues |
322 |
319 |
-0,9% |
|
EBIT |
56 |
62 |
9,4% |
|
EBIT margin |
17,5% |
19,3% |
1,8pts |
|
NIGS |
40 |
50 |
-22,8% |
|
Net margin |
12,5% |
15,5% |
+3,0pts |
| MOROCCO | LYDEC | A loss of MAD -26 Mn in H1 2020
|
Indicators (MAD Mn) |
H1 2019 |
H1 2020 |
Variation |
|
Revenues |
3592 |
3382 |
-5,8% |
|
EBIT |
126 |
-10 |
MAD -136 Mn |
|
EBIT margin |
3,5% |
NS |
- |
|
Net income |
69 |
-26 |
MAD -95 Mn |
|
Net margin |
1,9% |
NS |
- |
| MOROCCO | S2M | AMMC approved the information prospectus related to the mandatory takeover bid on S2M shares
The AMMC approved on september 18th 2020, the information prospectus related to the Mandatory Takeover bid on S2M shares at
the initiative of the concerted action represented by Medtech and Millenium Ventures. The main characteristics are as follows:
- Number of shares concerned: 264,414 shares ;
- Price per share: MAD 160 per share ;
- Maximum amount of the offer: MAD 42,306,240 ;
- Duration of the offer: From 09/28/2020 to 10/16/2020 included.
ECONOMIC HEADLINES
| SENEGAL | INDUSTRY | Production down 7.2% y-o-y in July 2020
According to Senegal's National Agency for Statistics and Demography, the Harmonized Industrial Production Index fell by 5.8% in July 2020, compared to the previous month. On a year-over-year basis, industrial production activity declined by 7.2%.
