“Snep Announces Q1 2023 Turnover and Investment Updates – Learn More Here”

2023-05-23 07:21:49

Snep announces a turnover of 272.4 MDH in the first quarter of 2023, down 12.4% compared to Q1 2022.

This variation is explained by the vinyl activity, whose volumes sold increased by 38%. But selling prices are down 41%.

Investments in Q1 are 19.3 MDH once morest 15.4 MDH a year earlier. They relate to the production capacity extension project for which start-up tests are in progress.

Financial debt stands at 401 MDH, an improvement of 2.5% compared to December 2022.

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