# Moroccan corporate financial performance

> Live situation record from CLSTR: https://clstr.news/situations/20261025-moroccan-corporate-financial-performance
> Updated: 2026-10-25T11:39:36.000Z. Sources: 7. Developments: 2.

Recent reports highlight varying financial outcomes for major Moroccan entities. Maroc Telecom reported a net profit of 3.86 billion dirhams for the first nine months of 2026. While this figure is lower than the 5.52 billion dirhams recorded during the same period in 2025, the company noted that the decline was primarily due to exceptional income from a previous agreement with Wana Corporate. Excluding that non-recurring item, net profit actually grew by 4.3 percent.

In contrast, Morocco’s National Highway Company (ADM) experienced a significant decline in net profits for 2024. Although turnover increased by 18.5 percent to 5.605 billion dirhams, the company’s net profit share dropped by approximately 44 percent to 730 million dirhams. This decline was attributed to falling operating results and rising interest costs stemming from heavy debt, even as investment expenditures nearly doubled to expand the road network.

## Timeline

### 2026-10-25: Morocco's National Highway Company reports profit decline

Morocco's National Highway Company saw a 44% drop in net profits in 2024 despite higher turnover, driven by rising interest costs and increased infrastructure investment.

2 sources. https://clstr.news/cluster/moroccos-national-highway-company-reports-profit-decline

### 2026-10-23: Maroc Telecom reports 3.86 billion dirhams in net profit

Maroc Telecom reported 3.86 billion dirhams in net profit for the first nine months of 2026, noting a 4.3% underlying growth excluding one-off items.

6 sources. https://clstr.news/cluster/maroc-telecom-reports-386-billion-dirhams-in-net-profit

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Cite as: Moroccan corporate financial performance. CLSTR, https://clstr.news/situations/20261025-moroccan-corporate-financial-performance