Lesieur Cristal recorded a marked increase in consolidated turnover over the past year, amounting to 6.897 billion dirhams after 4.863 billion a year earlier, i.e. an increase of 42% due to a price effect following pressure inflationary on the cost of raw materials. Ditto for the operating result which increased from 309 million DH to 463 million between 2021 and 2022, and the net result group share increased from 140 million to 206 million. Growth in line with that of turnover. The profit represents 3% of turnover in 2022 against 2.9% in 2021. Following these achievements, the Board of Directors proposes to the next General Assembly the distribution of a dividend of 4.5 dirhams per share.
For the current year, Lesieur Cristal intends to pursue its operational efficiency strategy in order to mitigate the impact of the aeration of the global raw materials market, both on the purchasing power of consumers and on the fundamentals of the Group, according to its top management. In 2023, the operator will begin the deployment of its new strategic plan for 2027 with five priorities.
The first is to build agricultural upstream to meet the challenges of food sovereignty. The second is to propose its positioning as a leading player in table oils and soaps. The third is to develop growth drivers and the fourth is to pursue the Group’s development in Africa. The fifth priority is to strengthen its CSR (Corporate Social Responsibility) strategy in line with national objectives in terms of sustainable development and in accordance with its raison d’être “Serving the earth”.
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