Cosumar- Upward revision of earning forecast

Dear readers ; The recent refined sugar exports figures published by the foreign exchange office (Office des Changes) led us to revise our Cosumar Group’s growth forecasts for FY 2016. Under these conditions, Cosumar Group’s profitability for FY 2016 would be around MAD 1,000 Mn, a record level for the sugar operator. On the basis…