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LEMO Morocco Company: 14% increase in turnover

30/12/2024
Source : ORISHAS FINANCE
Categories: Companies

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The managers of Les Eaux Minérales d'Oulmès (LEMO) announced a 14% increase in turnover at the end of the first nine months of 2024 compared to the same period in 2023. The company specializes in the capture, production, bottling and marketing of natural and carbonated mineral waters

.

LEMO's turnover was 909 million dirhams (MDH) against 821 MDH in the 3rd quarter of 2023. At the end of September 2024, this turnover grew by 14% to 2,230 million dinars.

“Thanks to the successful deployment of its various strategic initiatives, through the extension of the distribution network, the innovation dynamic deployed and the improvement of its logistical and operational efficiency, Les Eaux Minérales d'Oulmès recorded a solid commercial performance in of the third quarter of 2024,” explains the company's management.

On another note, it states that in line with its development plan, LEMO has maintained its investment program aimed at increasing its production capacities and logistics infrastructure. Investments made at the end of September 2024 amounted to 449.3 MDH against 284.5 MDH during the same period in 2023. <>

underline company officials.

The company's net debt was MAD 1,529 million at the end of September 2024, a variation of 19% compared to the end of September 2023.

Provided by AWS Translate

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