Alliances .. Turnover up 10% in the first half of 2021

The consolidated turnover (CA) of the Alliances Group amounted to 737 million dirhams (MDH) in the first half of 2021, up 10% compared to the same period of the past year.

Sales in Morocco represent 73% of total turnover and amounted to MAD 538 million, an increase of 51% compared to the end of June 2020, indicates the Group in a press release on its indicators for the 2nd quarter of 2021.

“The resumption of activity recorded at the beginning of the year by the Alliances Group has accelerated”, underlines the management of the Group, adding that the international activity is mainly marked by the acceleration of project deliveries in Cameroon. and the progress of the construction of the Tour de l’Entente in Abidjan.

The Group’s net debt amounted to nearly 2.34 billion dirhams (billion dirhams) at the end of June 2021, down 6% compared to the same month of 2020, indicates the same source, noting that transactions of he land acquisition is being finalized.

The level of pre-sales amounted to 1,553 units in H1-2021, against 763 in H1-2020, the press release said, adding that in the first half of the current year, the Group has an order book. amounting to 8,143 units equivalent to secure sales of around 3.1 billion dirhams.

The number of units in production stands at 6,982 units.

See also  Akwel: the automotive supplier Akwel proposes to take over Novares, in receivership

Leave a Comment