A good catch-up in Q3 2024

A good catch-up in Q3 2024
A good catch-up in Q3 2024

Disway’s consolidated turnover in the third quarter of 2024 shows dynamic growth of 17% compared to last year, reaching MAD 511 million.

Over the first nine months of the year, the consolidated turnover remains at an almost stable level, totaling 1,363 MDH or September 30, 2024, compared to 1,360 MDH in 2023, a slight variation of -0.6%.

In Morocco, Disway’s turnover remains stable, increasing from 1,156 MDH in 2023 to 1,148 MDH over the first 9 months of 2024.

Segment Volume

The Volume segment is progressing significantly with a turnover of MAD 420 million or 3 quarter 2024, an increase of 20% compared to 2023. This growth is driven by government projects in the printing and computing sectors both in national and international level

Segment Value

This segment displays a remarkable performance, with growth of 25% compared to the 3rd quarter of 2023, to reach a turnover of MAD 83 million. Sustained commercial momentum has enabled Disway to win and deliver several large-scale projects.

Other segments

The turnover for other segments increases from MAD 19 million to MAD 8 million in 2024. The drop in prices of photovoltaic panels, estimated at around 70%, explains this decrease in income, despite stable sales volumes.

Perspectives

With its expertise and financial strength, the Disway group is determined to consolidate its leading position in the distribution of cutting-edge technologies. It will continue its strategy of diversification, enrichment of its product catalog and development of its logistics services with the support of its new Skhirat platform operational am July 2024.


Morocco

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