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General

Maroc Telecom returns to revenue growth in Q2

Monday 21 July 2014 | 08:21 CET | News
Maroc Telecom Group reported improved results for the second quarter, thanks to continued growth at its international activities and an economic recovery in its home market Morocco. Revenue returned to growth, up 1.3 percent year-on-year to MAD 7.4 billion, while the EBITDA decline slowed to 2.0 percent, to MAD 4.1 billion. The group's customer base rose to 38 million at 30 June, up by 9.2 percent year-on-year. Over the first six months, revenues were up 0.7 percent to MAD 14.6 billion, while EBITDA declined by 4.4 percent to MAD 8.03 billion. This was due to a 7 percent drop in EBITDA in

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Categories: General
Companies: Maroc Telecom
Countries: Africa
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