Good performance for Colorado in the first half of 2022

Colorado is posting good results in the second quarter of the current year. Its turnover thus amounts to 174 million DH, up 12.8% over one year. At the end of June, sales were up 8.2% over one year. In the second quarter of the year, the company indicates that the tonnage sold increased by 14%. Over the half-year, the tonnage sold rose by 9.6%. In addition, the tonnage produced during the second quarter increased slightly by 4.9% to 13,300 tons.

The company reported a net debt increase of 33.7 million dirhams at the end of last June. These are medium-term debt and refinancing. “The increase in net indebtedness is mainly due to the use, during the first half of the year, of the refinancing of imports intended to finance the inventories of inputs”, explains Colorado. The level of medium-term debt remains very low compared to shareholders’ equity (7.1%).


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