Lesieur Cristal Income Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	5,378	5,455	5,934	6,897	4,863
Other Revenue	143	-	-	-1	-
Revenue	5,521	5,455	5,934	6,896	4,863
Revenue Growth (YoY)	1.21%	-8.07%	-13.95%	41.80%	24.72%
Cost of Revenue	4,409	4,037	5,324	5,646	3,935
Gross Profit	1,112	1,418	610	1,250	928
Selling, General & Admin	770	681	664	762	582
Other Operating Expenses	54	264	-206	-245	-118
Operating Expenses	1,012	1,083	536	787	619
Operating Income	100	335	74	463	309
Interest Expense	-37	-46	-38	-28	-32
Interest & Investment Income	23	14	19	14	6
Earnings From Equity Investments	2	2	-	3	3
Other Non Operating Income (Expenses)	-37	-19	-14	-13	-23
EBT Excluding Unusual Items	51	286	41	439	263
Gain (Loss) on Sale of Assets	29	4	-	-	2
Other Unusual Items	-	-172	-1	-83	-31
Pretax Income	80	118	40	356	234
Income Tax Expense	75	100	42	162	94
Earnings From Continuing Operations	5	18	-2	194	140
Minority Interest in Earnings	3	6	5	12	-
Net Income	8	24	3	206	140
Net Income to Common	8	24	3	206	140
Net Income Growth	-66.67%	700.00%	-98.54%	47.14%	-10.83%
Shares Outstanding (Basic)	-	24	28	29	28
Shares Outstanding (Diluted)	-	24	28	29	28
Shares Change (YoY)	-	-13.14%	-6.11%	5.10%	7.01%
EPS (Basic)	-	1.00	0.11	7.00	5.00
EPS (Diluted)	-	1.00	0.11	7.00	5.00
EPS Growth	-	821.06%	-98.45%	40.00%	-16.67%
Free Cash Flow	121	382	-1,001	573	507
Free Cash Flow Per Share	-	15.92	-36.23	19.47	18.11
Dividend Per Share	-	3.000	2.000	4.500	-
Dividend Growth	-	50.00%	-55.56%	-	-
Gross Margin	20.14%	25.99%	10.28%	18.13%	19.08%
Operating Margin	1.81%	6.14%	1.25%	6.71%	6.35%
Profit Margin	0.14%	0.44%	0.05%	2.99%	2.88%
Free Cash Flow Margin	2.19%	7.00%	-16.87%	8.31%	10.43%
EBITDA	236	473	152	733	464
EBITDA Margin	4.28%	8.67%	2.56%	10.63%	9.54%
D&A For EBITDA	136	138	78	270	155
EBIT	100	335	74	463	309
EBIT Margin	1.81%	6.14%	1.25%	6.71%	6.35%
Effective Tax Rate	93.75%	84.75%	105.00%	45.51%	40.17%
Revenue as Reported	5,521	5,201	6,156	7,157	4,986

Source: S&P Global Market Intelligence. Standard template. Financial Sources.