Office Cherifien des Phosphates Q3 EBITDA up by 13.7%
Published: Thursday, 04 December 2014
OCP is expecting y-o-y EBTIDA growth for 2014, following a disappointing set of half year results, as vertical integration measures take effect and the company’s new slurry transport pipeline reduces logistics costs and increases capacity.
Morocco-based state company Office
Cherifien des Phosphates (OCP) has reported a 13.7%
year-on-year (y-o-y) rise in EBITDA* for Q3 2014, to
Moroccan dirham (Dh) 3.9bn ($440.4m*), in an improvement over its H1
"We maintained our position as a low cost producer during