FINANCIAL MARKET HEADLINES
| MOROCCO | ATTIJARIWAFA BANK | NIGS down 58% in H1 2020
|
Indicators (MAD Mn) |
H1 2019 | H1 2020 | Variation |
|
NBI |
11 777 |
12 383 |
5,1% |
|
Gross Operating Income |
6 271 |
5 714 |
-8,9% |
|
GOI margin |
53,2% |
46,1% |
-7,1% |
|
Cost of risk |
914 |
3 021 |
230,7% |
|
NIGS |
2935 |
1 248 |
57,5% |
|
Net margin |
46,8% |
21,8% |
-25,0pts |
| MOROCCO | CIMENTS DU MAROC | Consolidated net income down 62% in H1 2020
|
Indicators (MAD Mn) |
H1 2019 |
H1 2020 |
Variation |
|
Revenues |
2 041 |
1696 |
-16,9% |
|
EBIT |
727 |
526 |
-27,6% |
|
EBIT margin |
35,6% |
31,0% |
-4,6 pts |
|
Net income |
510 |
194 |
-62,0% |
|
Net margin |
25,0% |
11,4 |
-13,6pts |
|
Adjusted net income* |
563 |
499 |
-11,4% |
* Net income adjusted for exceptional elements including the donation to the Covid-19 fund
| MOROCCO | LABEL VIE | NIGS up 14% in H1 2020
|
Indicators (MAD Mn) |
H1 2019 | H1 2020 | Variation |
|
Revenues |
4683 |
12 383 |
14,9% |
|
EBIT |
198 |
237 |
19,9% |
|
Operating margin |
4,2% |
4,4% |
+0,2pts |
|
NIGS |
168 |
191 |
14,2% |
|
Net margin |
3,6% |
3,6% |
- |
| MOROCCO | AUTO HALL | A loss of MAD -29 Mn in H1 2020
|
Indicators (MAD Mn) |
H1 2019 | H1 2020 | Variation |
|
Revenues |
2117 |
1236 |
-41,6% |
|
EBITDA |
226 |
99 |
-56,2% |
|
EBITDA margin |
10,7% |
8,0% |
-2,7pts |
|
Net income |
77 |
-29 |
MAD -106 Mn |
|
Net margin |
3,6% |
NS |
- |
| MOROCCO | COLORADO | A loss of MAD -10 Mn in H1 2020
|
Indicators (MAD Mn) |
H1 2019 | H1 2020 | Variation |
|
Revenues |
246 |
176 |
-28,7% |
|
EBIT |
38 |
-5 |
MAD -43 Mn |
|
EBIT margin |
15,3% |
NS |
- |
|
Net income |
23 |
-10 |
MAD -33 Mn |
|
Net margin |
9,3% |
NS |
- |
| MOROCCO | UNIMER | A loss of MAD -16 Mn in H1 2020
|
Indicators (MAD Mn) |
H1 2019 | H1 2020 | Variation |
|
Revenues |
664 |
1,3 |
-27,4% |
|
EBIT |
23 |
24 |
5,8% |
|
Operating margin |
3,5% |
5,1% |
+1,6 pts |
|
Consolidated NI |
8 |
-16 |
MAD -24 Mn |
|
Net margin |
1,3% |
NS |
- |
| MOROCCO | CTM | Profit warning
According to a press release of CTM, the company would show a consolidated loss of nearly MAD 55.2 Mn in H1 2020 given the Covid-19 health crisis.
| TUNISIA | ATTIJARI BANK | Net income down 17% in H1 2020
At the end of H1 2020, Attijari Bank's NBI stood at TND 244.7 Mn, up 3.7% year-on-year. Meanwhile, the bank's net income fell by 17.0% during the same period to TND 71.5 Mn.
