RSSAnalysts from Attijari Intermédiation have predicted a strong 2015 for Ciments du Maroc (CIMAR), largely due to an expected boost in demand for cement in the south and south-centre regions affected by floods.
The company's financial position will also benefit from reduced energy costs (notably petcoke) as well as a net appreciation of its stake in
The non-recurrence of its 2014 maintenance programme means that the company’s gross operating margin is projected to increase to a record 48%.
CIMAR’s high cash flow (MAD 1.25 billion/US$130 million/€115 million) in the first half of 2014 accounting for 1.5 times its net profit) means it is likely to offer a high yield for investors.
