Moroccan companies Marsa Maroc and LabelVie report strong H1 2026 growth

Marsa Maroc reported a 13% increase in consolidated revenue to 3.214 billion dirhams for the first half of 2026, driven by higher handled volumes and improved logistics revenue. The group's traffic reached 34.5 million tonnes, a 3% increase, supported by domestic container traffic and solid and liquid bulk. EBITDA rose by 20% to 1.873 billion dirhams, while operating expenses were kept under control with a 4.7% increase.

The company invested 3.4 billion dirhams during the semester, primarily for port infrastructure and equipment for the Nador West Med terminals. Strategically, Marsa Maroc finalized the entry of Terminal Investment Limited into the capital of West Med Container Terminal. Additionally, the group expanded internationally by signing a management contract for two jetties at the port of Monrovia, Liberia.

LabelVie also reported strong growth, with consolidated revenue reaching 10.19 billion dirhams, a 16.8% increase. The retail sector accounted for 8.79 billion dirhams of these sales. While comparable sales grew by 5.4%, the group is currently in an intensive investment phase under its Vision 2028 strategy, which involves expanding its network of surfaces.

For 2026, LabelVie expects a 15% increase in both surface area and revenue. The company aims to maintain a stable EBITDA margin, noting that the costs associated with opening new stores impact immediate profitability before they reach full activity levels.