sector: Industrials ·
industry: Engineering & Construction ·
As of
6:15pm IST
687.00MAD
Alliances Developpement Immobilier SA is a Morocco-based company specialized in the field of construction and real estate services. It is engaged in the development, building, marketing and managing of commercial and residential assets, as well as tourist property. The Company operates as a client’s representative and is involved in the large scale projects, such as hotels and golf-courses. Alliances Developpement Immobilier SA has a number of subsidiaries, including Alvi SA, Algest SA, Altag SA and Golf Argana Resort SA. The Company has offices in Casablanca, Marrakech and Paris.
BRIEF: For the six months ended 30 June 2009, Alliances Developpement Immobilier SA's total revenue increased from MAD252.8M to MAD961M. Net income for the period increased 97% to EUR210.8M. Total revenue reflects increased sales of the Company's products and services as well as non-favorable market conditions. Net income for the period was partially offset by decreased operating margins, mainly due to increased other external charges.
Alliances Developpement Immobilier S.A.
16, Rue Ali Abderrazak
Casablanca
P: +21222.993463
F: +21222.993481