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Les Moulins De La Concorde Ltee (Mauritius)

Main Activities: Wheat Farming | Flour Milling | Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour
Full name: Les Moulins De La Concorde Ltee Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Les Moulins De La Concorde Ltee is a company located in Port Louis, Mauritius. It was established as a partnership between the Eclosia Group and Namib Mills, which operates several mills in Namibia and Southern Africa. The company's main objective is to ensure a regular supply of fresh flour of various types to the country. From wheat procurement to the storage of finished products, Les Moulins De La Concorde plays a crucial role in the country's food security. The company has obtained numerous international quality certifications, validating its strict adherence to biosafety and process standards at every stage of transformation. With sixteen silos with a total capacity of 40,000 tons of wheat, Les Moulins De La Concorde can store the raw material under optimal conditions for several months, ensuring a continuous supply of freshly milled flour to the country. The company offers a wide range of specialty flours by combining different types of wheat and milling techniques. Les Moulins De La Concorde is listed on the Development Enterprise Market of the Stock Exchange of Mauritius, with its capital being held by nearly 2,000 shareholders. The majority of the company's flour production is sold through international tenders to the State Trading Corporation, which redistributes it to local users after applying government subsidies. This mechanism ensures a competitive supply for the State Trading Corporation and allows Mauritians to consume quality products at lower prices. Les Moulins De La Concorde employs 160 people and relies on the services of various local businesses. In 2008, the company secured a wheat supply agreement with two major French players in the cereal industry, Soufflet (now part of the inVivo group) and the National Interprofessional Office for Crops (ONIGC). This agreement allows Mauritius to acquire 130,000 tons of wheat even in the event of reduced global supply. The company's products support the activities of other operators in the agri-food and livestock sectors, which are significant consumers of fresh wheat bran.

Headquarters
Cargo Peninsula, Quay D
Port Louis; Port Louis; Postal Code: 11610

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Website: http://www.lesmoulinsdelaconcorde.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1989
Key Executives
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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29.13%
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28.49%
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18.29%
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8.33%
Subsidiaries
Amigel Ltd
100%
Concordia Investments Ltd
100%
Livestock Feed Limited
6.15%
Company Performance
Financial values in the chart are available after Les Moulins De La Concorde Ltee report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MUR. Absolute financial data is included in the purchased report.
Net sales revenue
-5.01%
Total operating revenue
-4.67%
Operating profit (EBIT)
-4.66%
Net Profit (Loss) for the Period
-6.06%
Total assets
-7.44%
Total equity
1.24%
Operating Profit Margin (ROS)
0.02%
Net Profit Margin
-0.06%
Return on Equity (ROE)
-0.58%
Quick Ratio
2.86%

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