Holcim Maroc H1 2005 net profit up

Holcim Maroc H1 2005 net profit up
Published: 27 September 2005

Holcim Maroc, a subsidiary of Swiss cement maker Holcim, posted a consolidated net profit of 169 mln Moroccan dirhams ($18.6m) for the first half of 2005, up by 2.2 per cent year-on-year.  Earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 2.8 per cent to 295 mln dirhams ($32.4m).  Consolidated turnover totalled 828 mln dirhams ($91m), an increase by 5.8 per cent.