Financial

LafargeHolcim Morocco posts decline in turnover

8 December, 2022

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Company had a turnover of more than MAD 5.9 billion at the end of September

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LafargeHolcim Morocco had a consolidated turnover of more than MAD 5.9 billion at the end of September, down from MAD 6.03 billion the previous year, reports L´Economiste.

The cement maker reported a combined turnover of about MAD 1.9 billion in the third quarter, down 7 percent year on year, owing mostly to a reduction in cement sales volumes and other operations. At the end of September, net debt was at MAD 5.99 billion, up 12 percent from the same time in 2021.

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