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General

Maroc Telecom Q1 revenue down 4.7% to MAD 7.18 bln

Tuesday 30 April 2013 | 09:32 CET | News
Maroc Telecom Group's revenues for the first quarter declined by 4.7 percent year-on-year to MAD 7.18 billion. The group attributed the slump in revenue to slower consumer spending in Morocco, where revenues fell 7.5 percent. This was partially offset by 7 percent growth at its international activities. The customer base reached nearly 34 million at 31 March, up 14.1 percent year-on-year, led by growth at the international business, which grew by 32 percent to 14 million customers. EBITDA amounted to MAD 4.23 billion, an increase of 0.1 percent, and the EBITDA margin rose by 2.8 percent

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Categories: General
Companies: Maroc Telecom
Countries: Africa / Morocco
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