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Dari Couspate Posts Q2 Sales Uptick, Defies Morocco’s Tough Market Climate
<p>Dari Couspate managed to lift second-quarter revenue by 2.9 % to 135.4 million dirhams, proving its resilience in an otherwise challenging Moroccan macro backdrop. The half-year trend remains positive, suggesting the firm is successfully protecting margins despite softer local demand and rising input costs.</p>
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Key highlights from Dari Couspate's Q2 release
Revenue resilience: The company booked 135.4 million dirhams in sales during the three months to June 2019, up 2.9 % from the same period last year and enough to keep first-half growth in positive territory.
Cost vigilance: Management continues to tighten operating expenses and negotiate better raw-material prices, partially offsetting higher energy and transport costs that have weighed on several Moroccan manufacturers this year.
Market share defence: Despite sluggish domestic consumption, Dari Couspate maintained volumes in its core couscous segment while pushing higher-margin products into rural areas where private-label competition is lighter.
Outlook: Executives remain cautiously optimistic for the rest of 2019, guiding for low-single-digit top-line growth and stable operating margins provided grain prices stay within current ranges.