CSR | Cosumar - H1-21 Results : Achievements in line with expectations, adjustment of our 2021-2022 forecasts

    At the end of the 1st half of 2021, Cosumar posted an increase in its consolidated revenue of +2.9% to MAD 4,382 Mn driven by the recovery in “out of home” consumption following the easing of restrictions on mobility. Thus, sales of white sugar on the local market show a growth of +5.7% over the same period, returning to their pre-health crisis levels. Under these conditions, the operator was able to offset the decline in export activity over the same period. EBITDA improved by 7.0% to MAD 976 Mn supported by a double positive effect. On the one hand ...

     

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