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News LafargeHolcim Maroc maintains constant sales in first half of 2022

LafargeHolcim Maroc maintains constant sales in first half of 2022

Written by Global Cement staff 02 September 2022
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Morocco: LafargeHolcim Maroc’s sales were US$377m in the first half of 2022, consistent with its first-half 2021 sales, according to the L’Economiste newspaper. In the second quarter of 2022, the producer’s sales fell by 7% year-on-year to US$181m. It attributed this to a drop in its cement sales volumes, amid a national decline in demand of 10% year-on-year during the quarter. During the first half of 2022, Moroccan cement demand declined by 4.5% year-on-year. LafargeHolcim Maroc said that this was the result of global economic factors.

The producer’s net debt was US$590m on 30 June 2022, up by 5% year-on-year.

Last modified on 07 September 2022
Published in Global Cement News
Tagged under
  • Morocco
  • LafargeHolcim Maroc
  • Holcim
  • Sales
  • Results
  • market
  • demand
  • economy
  • Debts
  • Consumption
  • GCW573
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