Cement News tagged under: Ciment de l'Atlas
CIMAT posts revenues down by a quarter for 201625 January 2017, Published under Cement NewsCiment de l’Atlas (CIMAT) expects to report revenues of MAD2.16bn (US$215.7m) in 2016, compared with MAD2.67bn the year prior. The company attributes the drop to the deceleration of export sales. Net profit in 2016 reached MAD519m. For 2017 the company forecasts revenues to slip to MAD2.159bn with a net profit of MAD526m. CIMAT envisages a broad geographic presence by extending its distribution network in the main growth markets. In addition, it plans to optimise its prod... |
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