Ciments du Maroc achieved a consolidated revenue of nearly 2 billion dirhams (MMDH) during the first six months of 2024. However, the non-consolidated and unaudited revenue reached 1.78 billion dirhams by the end of June, reflecting a 4.9% decline compared to the same period last year. This decrease is primarily attributed to the shift in activity slowdown linked to Eid Al-Adha, which varied year over year, according to a statement from Ciments du Maroc.
Investment in the second quarter of 2024 totaled 18 million dirhams (MDH), representing a 21% increase compared to the end of June 2023. These investments include both routine and strategic expenditures.
The company’s financial debt, mainly consisting of bank overdrafts, stood at 36 billion dirhams.