The group's capital expenditure reached MAD 53 million (MDH) at the end of the first half of 2019, including MAD 36 million in the second quarter of 2019, according to a statement from the company listed on the Casablanca Stock Exchange.
This half-year is marked by the entry into the scope of consolidation, by global integration, of the subsidiary Rock Systems of a capital of one million dirhams held 100% by delta holding.
This subsidiary, whose object is the design, sizing, manufacturing, lacquering and marketing of aluminum profiles and accessories for the construction industry, was created in 2018 but its activity has not started. than in 2019.
He also experienced the creation of a new subsidiary called Urban Electronics with a capital of one million dirhams 100% owned by delta holding, specializing in the design, manufacture and marketing of intelligent products and equipment for mobility. which will start at the beginning of next year.
The second quarter of 2019 posted a more significant performance of sales compared to the same quarter of 2018, an increase of 13.2%, thanks to the operational activities of infrastructures and parachimie of the subsidiaries, observes the company.
These achievements will have an undeniable positive impact on the consolidated operating profit for the half-year, the accounts of which are being certified by the statutory auditors.