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Acrowmisr for Metallic Scaffoldings and Frameworks SAE Company Snapshot
Acrowmisr for Metallic Scaffoldings and Frameworks SAE Formerly known as Acrow Misr. Acrowmisr for Metallic Scaffoldings and Frameworks SAE is an Egypt-based company engaged in the manufacture, design, supply and installation of metal scaffolding and formwork under the franchise brand of Acrow Company, the United Kingdom. The Company's product portfolio consists of two segments: Metal Form Work and Metal Scaffolding. The Metal Form Work includes special forms, columns, walls, slabs and bridges. The Metal Scaffolding consists of several types of scaffolding frame systems for several construction applications and utilization. In addition, it provides design services, manufacturing, installing, consultation, after sale service and on-site services, as well as scaffolding and other products hiring and selling services. The Company's production facility is located in Wady Houf, Helwan, Egypt. The company operates from nationwide locations (Alexandria, Portsaid) and has its internationals branches in Dubai, Abu Dhabi, Kuwait, Saudi Arabia, Jordan, Qatar, Libya, Sudan.

Sales Analysis. Sales were up sharply during the second quarter of 2021 versus the previous year's second quarter. During the second quarter of 2021, sales at Acrowmisr for Metallic Scaffoldings and Frameworks SAE totalled 391.37 million Egyptian Pounds. This is an increase of 97.2% from the 198.45 million Egyptian Pounds in sales at the company during the second quarter of 2020. This was the largest same quarter increase in sales since the third quarter of 2017. During the first two quarters of 2021, sales totalled 742.78 million Egyptian Pounds, which is 65.1% higher than through the first two quarters of 2020. During the year ended December of 2020, sales at Acrowmisr for Metallic Scaffoldings and Frameworks SAE were 1.04 billion Egyptian Pounds (US$66.18 million). This is a decrease of 4.6% versus 2019, when the company's sales were 1.09 billion Egyptian Pounds.
   
   
 
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Acrowmisr for Metallic Scaffoldings and Frameworks SAE
  Stock Performance Chart for Acrowmisr for Metallic Scaffoldings and Frameworks SAE
 
  Stock Data: Recent Stock Performance:
  Current Price (10/6/2021): 31.94
(Figures in Egyptian Pounds)
1 Week 0.0%   13 Weeks -1.6%  
4 Weeks 54.0%   52 Weeks 146.1%  
 
Acrowmisr for Metallic Scaffoldings and Frameworks SAE Key Data:
  Ticker: ACRO Country: Egypt
  Exchanges: CAI Major Industry: Commercial Services & Supplies
    Sub Industry: Structural Steel Erection
  2020 Sales 1,040,033,730
(Year Ending Jan 2021).
Employees: N/A
  Currency: Egyptian Pounds Market Cap: 1,758,446,799
  Fiscal Yr Ends: December Shares Outstanding: 55,054,690
  Share Type: Ordinary Closely Held Shares: 52,376,659
 
 
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