Fenie Brossette, a leading company in the construction and public works sector (BTP), reported a consolidated quarterly revenue of 155 million dirhams (MDH) for the first three months of 2024. This marks a 3% increase compared to the same period in 2023.
“This performance is mainly attributed to the increase in revenue from the Industry and BTP activities,” the company stated in a press release concerning its quarterly indicators.
The company’s consolidated net debt for Q1 2024 rose to 74 MDH, an increase of 19 MDH compared to the end of 2023. This rise is explained by changes in working capital requirements.
Looking ahead, the company plans to continue implementing its strategic plan, focusing on consolidating its core businesses and accelerating the development of new activities.