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News Ciments du Maroc fights falling cement market with profit growth

Ciments du Maroc fights falling cement market with profit growth

Written by Global Cement staff 02 April 2019
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Morocco: Ciments du Maroc’s turnover fell slightly to Euro371m in 2018. Its net profit grew by 3.4% year-on-year to Euro96m in 2018 from Euro92.8m in 2017. Its cement sales volumes fell by 2.7% in 2018 compared to a drop in local cement consumption of 3.7%. The board of the cement producer said that it was continuing its development plan at Nador in the south of the country.

Last modified on 03 April 2019
Published in Global Cement News
Tagged under
  • Morocco
  • Ciments du Maroc
  • Results
  • HeidelbergCement
  • GCW398
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