logo
BKR International adds new member firm in Morocco

BKR International adds new member firm in Morocco

Yahoo15-04-2025

BKR International has added Corporate Value Advisory as the newest member to its global network in Morocco.
Corporate Value Advisory, established in 2017 and headquartered in Casablanca, provides a suite of consultancy services.
These include strategic advisory, transformation leadership, financial evaluation, audit, and tax support.
The addition is expected to bolster BKR's influence in North Africa and reinforce its footprint across French speaking (Francophone) Africa.
The firm, under the leadership of managing partner Marouane Mouafir, has executed more than 140 transformation projects for a diverse range of clients.
These are in both the public and private sectors throughout Morocco and the surrounding region.
Mouafir said: 'We're delighted to be joining BKR International. This relationship opens new avenues for collaboration, knowledge sharing, and international exposure—especially in the context of our growth across Morocco and Francophone Africa.
'We believe the values of BKR align closely with our own: professionalism, integrity, and relationship-based business development.'
The firm's expertise also encompasses strategic planning, performance auditing, financial due diligence, and advisory services for significant institutional development programmes.
Corporate Value Advisory's client portfolio extends to collaborations with international donors and financing institutions such as the World Bank, EBRD, and GIZ.
Additionally, it has played an advisory role to the Moroccan government on economic and investment policies.
BKR International CEO Michael Burch said: 'Corporate Value Advisory brings a dynamic and ambitious approach to the association.
'Their combination of public sector experience, regional insight, and strategic capability makes them a unique and valuable addition—not just for BKR's footprint in North Africa, but for members across the EMEA region and beyond.'
Earlier, in January 2025, a consortium of BKR International member firms was awarded a joint tender to provide auditing services to IDP Education.
The contract entails auditing various legal entities within IDP Education, renowned for the development of the International English Language Testing System among other educational offerings.
"BKR International adds new member firm in Morocco" was originally created and published by International Accounting Bulletin, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why French Whiskey Belongs on Your Shelf
Why French Whiskey Belongs on Your Shelf

Forbes

timean hour ago

  • Forbes

Why French Whiskey Belongs on Your Shelf

Glass of cognac on the vintage barrel. getty France has long had a reputation for doing alcohol very well. Cognac? Legendary. Champagne? Peerless. Wine in general? A national obsession. But whiskey? Until recently, that was more of a side character in the French drinks universe—enjoyed, perhaps, but not often made. That's changing. Thanks to a growing number of ambitious distillers and an audience eager for homegrown alternatives to Scotch or Irish whiskey, France is becoming a serious player in the global whiskey scene. And yes, the French are doing it their way—with regional ingredients, wine barrel finishes, and a deep respect for terroir. Here's what to know about the rise of French whiskey—and six bottles that absolutely belong on your shelf. The French have been drinking whiskey for over a century—largely imports from Scotland, Ireland, and the U.S. But the idea of making whiskey? That took time. For decades, French law and tradition centered around grape-based spirits like Cognac and Armagnac. It wasn't until the late 20th century that whiskey-making in France really took off, with distillers in Brittany and Alsace leading the way. Why those regions? Because they already had a distilling culture, and—perhaps more importantly—they weren't part of the protected zones for Cognac or Armagnac, giving them more freedom to experiment. Fast forward to today, and France now has over 100 whiskey producers crafting everything from peated single malts to rye whiskeys aged in Sauternes barrels. Armorik Single Malt Distillerie Warenghem Lannion, Brittany Armorik is basically the OG of French whiskey—produced by Warenghem, a family-run distillery that's been making spirits since the 1900s and whiskey since the 1980s. If France had a whiskey hall of fame, this would be the first inductee. The Armorik Classic Single Malt is aged in French oak and sherry casks, offering notes of malted barley, apple tart, honey, and spice, with just enough oak to keep things grounded. It's warm, inviting, and wonderfully Breton. Brenne French Single Malt Brenne Cognac Region Brenne is the whiskey your wine-loving friend will instantly understand. Founded by former ballerina-turned-spirits-entrepreneur Allison Parc, it's distilled in the Cognac region using organic barley, and aged in—wait for it—ex-Cognac barrels. The result? A fruity, floral whiskey with flavors of banana bread, crème brûlée, dried fig, and baking spice, and a finish that feels like dessert in a glass. If you like your whiskey soft, approachable, and just a little bit flashy, Brenne is your move. Origine Collection Rozelieures Single Malt Lorraine Rozelieures is one of the few French distilleries that grows its own barley, malts it, distills it, and ages it all on-site. Think of it as the farm-to-glass whiskey of France—with volcanic soil thrown in for good measure. The Origine Collection is lightly peated and aged in ex-Cognac and sherry casks. Expect notes of smoky pear, black tea, citrus peel, and roasted nuts, all tied together by a delicate minerality. If you're into Highland-style Scotch but want to go off-script, this one's a no-brainer. Moissons Single Malt Domaine des Hautes Glaces Alps Region This is the whiskey equivalent of a biodynamic natural wine. Domaine des Hautes Glaces (aka DHG) makes avant-garde spirits using sustainable farming, long fermentation, and native yeast. You don't just drink this stuff—you feel it. The Moissons Single Malt offers an earthy, grain-forward profile with aromas of hay, toasted rye bread, dried fruit, and a whisper of alpine herbs. It's rustic, bold, and built for serious sipping—or intense philosophical debates. Triple Malt Rouge Bellevoye Blend of Three Regions Bellevoye does things a little differently. Rather than distilling in one region, they source whiskey from three different distilleries in France and blend it—think of it as a curated tasting menu in a bottle. The Rouge expression is finished in ex-Bordeaux wine casks, which gives it a tannic edge and a lovely red fruit core. You'll find notes of cherry compote, toasted oak, almond skin, and dark chocolate, with a plush, almost chewy finish. If you like whiskey with swagger and structure, this one's for you. Heritage French Malt Alfred Giraud Cognac Region Crafted by a family with deep Cognac roots, Alfred Giraud takes a haute couture approach to whiskey. The Heritage release blends several malt distillates and is aged in a combination of new French oak and Cognac casks. It's smooth but complex, with flavors of stewed plum, spice cake, roasted hazelnut, and orange peel, and just enough Cognac richness to make you say "Ooh la la." Yes, it's on the pricier side—but very much worth it if you're into layered, luxurious pours. French whiskey may still be considered 'new,' but it's rooted in deep craft traditions and powered by a seriously creative distilling culture. These aren't Scotch clones—they're expressions of French terroir, barrel aging expertise, and yes, a little Gallic flair. So if your whiskey shelf is already packed with bottles from Kentucky, Islay, and Hokkaido, it might be time to make room for something with a French accent. Just don't be surprised if one of these bottles becomes your next favorite—and insists on being paired with cheese.

WTS Q1 Earnings Call: Tariffs, Supply Chain Strategy, and Cautious Outlook Shape Results
WTS Q1 Earnings Call: Tariffs, Supply Chain Strategy, and Cautious Outlook Shape Results

Yahoo

timean hour ago

  • Yahoo

WTS Q1 Earnings Call: Tariffs, Supply Chain Strategy, and Cautious Outlook Shape Results

Water management manufacturer Watts Water (NYSE:WTS) reported revenue ahead of Wall Street's expectations in Q1 CY2025, but sales fell by 2.3% year on year to $558 million. Its non-GAAP profit of $2.37 per share was 11.3% above analysts' consensus estimates. Is now the time to buy WTS? Find out in our full research report (it's free). Revenue: $558 million vs analyst estimates of $547.8 million (2.3% year-on-year decline, 1.9% beat) Adjusted EPS: $2.37 vs analyst estimates of $2.13 (11.3% beat) Adjusted EBITDA: $119.8 million vs analyst estimates of $110.1 million (21.5% margin, 8.8% beat) Operating Margin: 15.7%, down from 16.9% in the same quarter last year Organic Revenue fell 2.1% year on year (6.4% in the same quarter last year) Market Capitalization: $8.17 billion Watts Water's first quarter results were shaped by the impact of tariffs, ongoing supply chain adjustments, and weakness in European markets. CEO Bob Pagano attributed the 2% organic sales decline primarily to fewer shipping days and ongoing challenges in Europe, while highlighting incremental contributions from the I-CON acquisition. The company also benefited from productivity measures and cost controls that offset inflationary pressures. Pagano noted, 'We benefited from incremental sales from our I-CON acquisition. However, the benefit was more than offset by unfavorable foreign exchange.' The quarter also saw Watts Water continue automation and restructuring actions, including the exit from a French manufacturing facility, to drive further productivity. Looking ahead, Watts Water's guidance reflects caution around macroeconomic uncertainty, especially regarding tariffs and their impact on global demand. Management expects price increases, global sourcing actions, and accelerated onshoring of production to mitigate additional tariff costs and potential demand reduction later in the year. CEO Bob Pagano explained, 'Despite the uncertainty around the trade environment and resulting demand impacts, we are maintaining our full year organic sales and adjusted operating margin outlook.' The company anticipates ongoing softness in Europe due to continued heat pump destocking and construction market weakness, with some signs of recovery potentially emerging in the second half. Management is focused on leveraging its U.S. manufacturing base and maintaining flexibility in capital allocation to support growth opportunities. Management identified tariffs, supply chain adjustments, and regional demand trends as key drivers of the quarter's performance and outlook. Tariff management and pricing: Watts Water is proactively addressing tariff impacts through price increases, supply chain relocation, and increased U.S. manufacturing. Management emphasized its ongoing strategy of "making products in the regions for the region" to reduce exposure to tariffs, particularly those affecting components sourced from China. Productivity and cost controls: The company continues to implement automation, lean initiatives, and selective restructuring. The exit from a French facility and integration of recent acquisitions are expected to enhance productivity and reduce operational costs, supporting margins even as sales volumes face headwinds. Regional performance differences: Americas performance was described as solid, helped by U.S.-based manufacturing and pre-buying ahead of tariff-related price increases. Europe remained weak due to destocking in heat pumps and a slowdown in construction, while APMEA (Asia-Pacific, Middle East, and Africa) showed growth, partly offset by fewer shipping days in some markets. Acquisition integration: The integration of recent acquisitions, especially I-CON, is progressing ahead of schedule, with cost and revenue synergies already being realized. Management expects these businesses to contribute positively to adjusted EBITDA margins and earnings per share in 2025. Inventory and supply chain resilience: Watts Water maintains approximately three months of inventory and has secured sufficient raw material supplies, mitigating risks from supply chain disruptions and raw material shortages. Management noted ongoing efforts to diversify suppliers and maintain flexibility in the current trade environment. Watts Water's outlook for the remainder of the year is shaped by tariff impacts, regional demand softness, and its ability to offset cost pressures through operational measures. Tariff and trade environment: Management expects tariffs to remain a headwind, particularly for products with components sourced from China. The company is relying on price increases, supply chain shifts, and onshoring to offset these costs. CEO Bob Pagano cautioned that prolonged high tariffs could impact demand, especially in the second half of the year. European market challenges: The company forecasts continued weakness in Europe due to new construction slowdowns and ongoing heat pump destocking. While there are some indications that demand could stabilize later in the year, management remains cautious and has built conservative assumptions into its guidance. Capital allocation and productivity: Watts Water plans to maintain capital allocation flexibility, including a recently announced 21% dividend increase. Continued investment in automation, lean initiatives, and restructuring—such as the French facility exit—are central to its strategy for protecting margins and supporting long-term growth. In the coming quarters, the StockStory team will be monitoring (1) the effectiveness of Watts Water's tariff mitigation strategies and supply chain adjustments, (2) trends in European demand, particularly any recovery in the construction and heat pump markets, and (3) the continued integration and performance of acquisitions like I-CON. Progress on cost controls, price realization, and capital allocation decisions will also be notable signposts for sustained profitability. Watts Water Technologies currently trades at a forward P/E ratio of 26.4×. Is the company at an inflection point that warrants a buy or sell? The answer lies in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Crypto Weekly: from stablecoins to Syria
Crypto Weekly: from stablecoins to Syria

Yahoo

time2 hours ago

  • Yahoo

Crypto Weekly: from stablecoins to Syria

STORY: From SocGen's stablecoin to why Binance is opening up to Syria. :: Crypto Weekly This is Crypto Weekly. :: Societe Generale's stablecoin French bank Societe Generale is to become the first major European lender to launch a dollar-pegged stablecoin. It will launch via its crypto subsidiary SG-FORGE, Named "USD CoinVertible" - it will exist on the Ethereum and Solana blockchains. And is expected to be publicly tradable from July. :: New York crypto kidnapping case Two men pleaded not guilty on Wednesday (June 11) to charges they kidnapped a man for three weeks in Manhattan's upscale SoHo neighborhood. They're accused of shocking him with electric wires and dangling him over a staircase to try to get him to give up his bitcoin password. John Woeltz and William Duplessie both face up to life in prison if convicted. :: What's the point of meme coins? With Bitcoin on the march and crypto IPOs hotting up, what's the story with meme coins? This week Reuters spoke with John D'agostino who is head of institutional strategy at Coinbase. " I think of them as digital collectibles and if people want to engage in the collecting of collectibles, more power to them. And there's a very, very low cost of entry to doing that. Think of it like Etsy, but instead of having to like create the thing, you could magically create it in 10 seconds with almost no money. Think about what Etsy would turn into like a billion projects, right? If you didn't need it, if it was easy to crochet, right, if and it was free, almost free to crochet everyone would be posting things to Etsy." But are meme coins a good investment? " I like to fish and I don't catch anything. So you can make an argument that the money I spend on fishing is completely wasted and nonsensical. So I try not to judge people. People wanna buy something because they believe it helps them belong to a community. I try to not be judgmental of that. Everybody has different ways of spending their disposable income." :: Binance opens up to Syria Binance will allow users in Syria to trade in cryptocurrencies, including bitcoin, on the platform. It follows a U.S. decision to lift sanctions on the country last month. Binance, the world's largest cryptocurrency exchange, said that Syrians will be granted full access to its offerings. Which include more than 300 cryptocurrency tokens and stablecoins. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store