turnover increases by 39% in 2021

Turnover for the 4th quarter of 2021 reached 346.88 MDH, up 45% compared to the same period of the previous financial year.

This significant change is explained by the increase in volumes sold combined with the sharp rise in input prices worldwide, in particular the rise in LME prices and the increase in logistics costs.

The annual turnover stands at 1.05 billion dirhams, up 39%.

Investments made in the fourth quarter of 2021 amount to 4.28 million dirhams, mainly relating to the finalization of projects delayed by the pandemic.

Debt at the end of December 2021 stood at 395.27 MDH once morest 161.9 MDH in 2020. This is mainly explained by the resumption of activity and the reconstitution of security stocks in a context of still tight supplies.