January 2, 2018 / 2:19 PM / 2 months ago

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

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 Source text: bit.ly/2DOskO0 Further company coverage: (Gdynia Newsroom:)

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