Morning Brief September 2nd 2024

FINANCIAL MARKETS HEADLINES

| MOROCCO | ATTIJARIWAFA BANK | Consolidated NBI up 17% in H1 2024
In H1 2024, Attijariwafa bank's consolidated Net Banking Income stood at MAD 17.0 Bn against MAD 14.6 Bn a year earlier, i.e. an increase of 16.6%.

| MOROCCO | BCP | Consolidated NBI up 9% in H1 2024
In H1 2024, BCP's consolidated Net Banking Income stood at MAD 12.8 Bn, recording an increase of 9% compared to the same period of the previous year.

| MOROCCO | CIH BANK | Consolidated NBI up 5% in H1 2024
In Q2 2024, CIH Bank's consolidated NBI stood at MAD 1,210.5 Mn, down 3.2% year-on-year. At the end of June 2024, this rose by 5.2% to MAD 2,333.2 Mn.

| MOROCCO | TGCC | Consolidated global revenue up 30% in H1 2024
In Q2 2024, TGCC's consolidated global revenue shows an increase of 23% to MAD 2,078 Mn. In H1 2024, these amounted to MAD 3,786 Mn, i.e. an increase of 30%.

| MOROCCO | ADDOHA | Consolidated revenue up 20% in H1 2024
In H1 2024, Addoha's consolidated revenue amounted to MAD 1,687 Mn against to MAD 1,406 Mn in H1 2023, i.e. recording an in-crease of 20%.

| MOROCCO | ALLIANCES | Consolidated revenue up 21% in H1 2024
In H1 2024, Alliances’ consolidated revenue reached MAD 1,209 Mn, up 21%. Likewise, pre-sales recorded a 29% increase to 2,351 units.

| MOROCCO | COSUMAR | Consolidated revenue almost stable in H1 2024
In H1 2024, Cosumar's consolidated turnover stands at MAD 2,544 Mn, up 4% year-on-year. In H1 2024, this remained stable (+0.5%) at MAD 4,983 Mn.

| MOROCCO | SOTHEMA | Consolidated revenue up 12% in H1 2024
At the end of June 2024, Sothema recorded a consolidated revenue of MAD 1,328 Mn against MAD 1,184 Mn a year earlier, i.e. an increase of 12.1%.

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