LafargeHolcim Morocco Cement: 2023 Turnover Increases by 2.8%

2024-02-29 23:32:31

The consolidated turnover of the company LafargeHolcim, the leading Moroccan cement manufacturer, recorded an increase of 2.8% at the end of the 2023 financial year compared to that of the 2022 financial year, announced the managers of this company based in Casablanca.

According to the managers of this company, the consolidated turnover stood at 8.212 billion dirhams (8.129 billion dollars) during the period under review compared to 7.985 billion dirhams (7.905 billion dollars) as of December 31, 2022. their communication for the fourth quarter of 2023, the managers of the cement plant explain this increase by the increase in cement sales and clinker exports.

The consolidated turnover for the fourth quarter of 2023, for its part, increased by +2.3% compared to the same period in 2022 thanks to the increase in cement sales volumes in the domestic market.

As for the company’s net debt, it stood at 4.864 billion dirhams compared to 5.486 billion dirhams a year earlier, a drop of 11.3%.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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