Edition:
India

Douja Promotion Groupe Addoha Aims To Maintain Gearing Of Under 30 Percent Over 2018-2020


Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - DOUJA PROMOTION GROUPE ADDOHA SA ::AIMS TO MAINTAIN GEARING OF UNDER 30 PERCENT OVER 2018-2020.ON REVENUE: AIMS TO ACHIEVE CONTRIBUTION RATE OF 14% FROM MOYEN STANDING SEGMENT IN 2020‍​.AIMS FOR OPERATING CASH FLOW AT MAD 1.8 BILLION IN 2018, MAD 1.9 BILLION IN 2019 AND 2020‍​.AIMS FOR OPERATING MARGIN OF 29 PERCENT IN 2018.AIMS FOR OPERATING MARGIN OF 30-32 PERCENT STARTING FROM 2019.ON REVENUE: AIMS AT CONTRIBUTION RATE OF 7% FROM ACTIVITY IN SUB-SAHARAN AFRICA IN 2020‍​.AIMS FOR TARGETED REAL ESTATE ACQUSITION BUDGET OF MAD 400-500 MILLION PER YEAR FROM 2018-2020.AIMS TO MAINTAIN DIVIDEND DISTRIBUTION POLICY IN PERIOD 2018-2020. 

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