Itissalat Al Maghrib IAM S A : Maroc Telecom - PR Q1 2024 Results 25/04/2024
PRESS RELEASE Rabat, April 25, 2024 Q1 2024 CONSOLIDATED RESULTS Promising start to the...
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PRESS RELEASE Rabat, April 25, 2024 Q1 2024 CONSOLIDATED RESULTS Promising start to the...
CONSOLIDATED RESULTS AT SEPTEMBER 30, 2023 Performances above targets: Growth of 3.2% in consolidated revenues, driven mainly by Moov Africa subsidiaries (+7.5%); Group EBITDA up 3.2%, with high EBITDA margin of 52.5%;Adjusted Group net income increasing by 2.4%;Sustained level of Group investments (excluding frequencies and licenses), reaching 20.7% of revenues. Against a difficult global macroeconomic environment, Maroc Telecom Group resumed revenue growth, driven by Data, particularly in Moov