Itissalat Al-Maghrib (IAM) S.A.

Equities

IAM

MA0000011488

Integrated Telecommunications Services

End-of-day quote Casablanca S.E. Other stock markets 06:00:00 2024-05-02 pm EDT			5-day change	1st Jan Change
96.3 ^MAD	+0.10%		+0.15%	-3.70%

Feb. 16	Itissalat Al-Maghrib S.A. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Jan. 29	Court tells Maroc Telecom to pay $636 million to Inwi in antitrust case	RE

Itissalat Al-Maghrib Iam S.A. Reports Earnings Results for the Full Year Ended December 31, 2019

February 16, 2020 at 11:45 pm EST

Itissalat Al-Maghrib IAM S.A. Announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was MAD 36,517 million compared to MAD 36,032 million a year ago. Operating income was MAD 8,231 million compared to MAD 11,052 million a year ago. Net income was MAD 2,726 million compared to MAD 6,010 million a year ago. Basic earnings per share was MAD 3.1 compared to MAD 6.84 a year ago.

Latest news about Itissalat Al-Maghrib (IAM) S.A.

Itissalat Al-Maghrib S.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 15	CI
Court tells Maroc Telecom to pay $636 million to Inwi in antitrust case	Jan. 29	RE
Moroccan government targets a $62 bln 2024 budget	23-10-20	RE
Nadia Fettah Alaoui, Moroccan Finance Minister: What impact will the conflict have on oil prices?	23-10-11	MT
Yellen says she trusts IMF, World Bank, Morocco to adjust annual meetings after disaster	23-09-19	RE
Chad fines Airtel subsidiary $8 mln for deteriorating network	23-08-18	RE
Maroc Telecom first-half profit up 2.3% boosted by African markets	23-07-26	RE
Itissalat Al-Maghrib S.A. Reports Earnings Results for the Half Year Ended June 30, 2023	23-07-25	CI
Morocco not planning currency band changes in near term - finance minister	23-04-25	RE
Itissalat Al-Maghrib S.A. Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-20	CI
Itissalat Al-Maghrib S.A. Reports Earnings Results for the Half Year Ended June 30, 2022	22-07-26	CI
Maroc Telecom's 2021 profit flat as competition intensifies	22-02-17	RE
Itissalat Al-Maghrib S.A.'s Equity Buyback announced on April 13, 2020, has expired.	21-11-11	CI
Emirates Telecommunications Group Company PJSC completed the acquisition of 4.6% stake in Itissalat Al-Maghrib S.A..	21-10-27	CI
Emirates Telecommunications Group Company PJSC signed an agreement to acquire 4.6% stake in Itissalat Al-Maghrib S.A. for approximately $510 million (AED 1.9 billion).	21-08-16	CI
Itissalat Al-Maghrib Iam S.A. Reports Earnings Results for the Half Year Ended June 30, 2021	21-07-26	CI
Maroc Telecom reports $674 million profit in 2020	21-02-19	RE
Maroc Telecom : FY20 Earnings Jumps to $608.6 Million	21-02-19	MT
Itissalat Al-Maghrib S.A. Proposes Dividend for the Full Year Ended December 31, 2020	21-02-19	CI
Itissalat Al-Maghrib Iam S.A. Reports Earnings Results for the Full Year Ended December 30, 2020	21-02-19	CI
Transcript : Itissalat Al-Maghrib S.A., 2020 Earnings Call, Feb 19, 2021	21-02-19
Maroc Telecom's third-quarter profit slips 2.6%	20-10-19	RE
Itissalat Al-Maghrib Iam S.A. Reports Earnings Results for the Half Year Ended June 30, 2020	20-07-20	CI
Maroc Telecom Reports Consolidated Revenue Results for the First Quarter Ended March 2020	20-04-20	CI
Itissalat Al-Maghrib S.A. announces an Equity Buyback for 1,500,000 shares, representing 0.17% of its issued share capital.	20-04-13	CI

Chart Itissalat Al-Maghrib (IAM) S.A.

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Company Profile

Maroc Telecom is Morocco's No. 1 telecommunications operator. Net sales (including intra-group) break down by activity as follows: - mobile telephony (58.4%): 19.5 million customers in Morocco at the end of 2020, distributed between customers with prepaid cards (17.2 million) and with post-paid subscriptions (2.3 million). At the end of 2020, the group owned 13,000 base stations; - fixed telephony and Internet (41.6%): fixed telephony services (2 million lines installed in Morocco as of the end of 2020), interconnection services, data transmission, and Internet access (1,738,000 subscribers). At the end of 2020, the network had a total of 45,000 km of urban fiber optic and intercity fiber optic cables. Products and services are marketed through a network of 4,400 owned agencies, more than 75,000 group-approved points of sale (tobacconists, local shops, etc.) and independent distribution channels. Morocco accounts for 56.8% of net sales (including intra-group).

Sector

Integrated Telecommunications Services

Calendar

2024-05-22 - Ex-dividend day for final dividend

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Ratings for Itissalat Al-Maghrib (IAM) S.A.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

96.3 MAD

Average target price

103.9 MAD

Spread / Average Target

+7.89%

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Sector Other Integrated Telecommunications Services

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