Aluminium Du Maroc Income Statement

Financials in millions MAD. Fiscal year is January - December.

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,288	1,243	1,270	1,419	1,172	907.6
Revenue Growth (YoY)	6.94%	-2.09%	-10.49%	21.05%	29.14%	-11.50%
Cost of Revenue	909.62	880.13	939.65	1,069	797.7	648.4
Gross Profit	378.57	363.32	330.36	349.6	374.4	259.2
Selling, General & Admin	216.94	212.54	204.02	194.17	204.3	165.3
Amortization of Goodwill & Intangibles	0.07	0.07	0.07	0.07	0.4	0.4
Other Operating Expenses	47.9	41.06	42.13	32.76	42.4	35.8
Operating Expenses	264.91	253.67	246.22	227	247.1	201.5
Operating Income	113.67	109.66	84.15	122.6	127.3	57.7
Interest Expense	-26.88	-33.45	-37.34	-76.45	-55.3	-18.1
Earnings From Equity Investments	-3.29	-5.71	-16.17	-15.96	-25.6	-21.1
Other Non Operating Income (Expenses)	0	-0	0	-	-0.1	0.3
EBT Excluding Unusual Items	83.5	70.51	30.63	30.19	46.3	18.8
Other Unusual Items	-8.19	-7.42	-1.36	-9.63	1.7	-6.5
Pretax Income	75.31	63.09	29.28	20.56	48	12.3
Income Tax Expense	25.45	21.74	20.05	13.01	27.2	9.4
Earnings From Continuing Operations	49.86	41.34	9.23	7.55	20.8	2.9
Minority Interest in Earnings	-5.03	-4.5	-2.56	-3.07	-2.6	-3.8
Net Income	44.83	36.84	6.67	4.48	18.2	-0.9
Net Income to Common	44.83	36.84	6.67	4.48	18.2	-0.9
Net Income Growth	76.83%	451.96%	48.98%	-75.39%	-	-
Shares Outstanding (Basic)	0	0	0	0	-	-
Shares Outstanding (Diluted)	0	0	0	0	-	-
EPS (Basic)	96.22	79.06	14.32	9.61	-	-
EPS (Diluted)	96.22	79.06	14.32	9.61	-	-
EPS Growth	76.83%	451.96%	48.98%	-	-	-
Free Cash Flow	-	-13.8	250.8	-145.6	-80	115.8
Free Cash Flow Per Share	-	-29.62	538.25	-312.48	-	-
Dividend Per Share	100.000	100.000	90.000	70.000	-	80.000
Dividend Growth	11.11%	11.11%	28.57%	-	-	14.29%
Gross Margin	29.39%	29.22%	26.01%	24.64%	31.94%	28.56%
Operating Margin	8.82%	8.82%	6.63%	8.64%	10.86%	6.36%
Profit Margin	3.48%	2.96%	0.53%	0.32%	1.55%	-0.10%
Free Cash Flow Margin	-	-1.11%	19.75%	-10.26%	-6.83%	12.76%
EBITDA	80.64	109.73	84.21	122.67	127.7	58.1
EBITDA Margin	6.26%	8.82%	6.63%	8.65%	10.90%	6.40%
D&A For EBITDA	-33.03	0.07	0.07	0.07	0.4	0.4
EBIT	113.67	109.66	84.15	122.6	127.3	57.7
EBIT Margin	8.82%	8.82%	6.63%	8.64%	10.86%	6.36%
Effective Tax Rate	33.79%	34.47%	68.47%	63.28%	56.67%	76.42%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.