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4 clusters · 12 sources · 8 days · First seen · Last updated

Moroccan corporate and construction sector performance

Overview

In the first half of 2026, major Moroccan companies reported varied financial outcomes. While firms like Sonasid, SGTM, and BCP saw profit increases, Ciments du Maroc and Holcim Maroc reported declines due to acquisition costs, fuel prices, and heavy rainfall that disrupted construction.

By the end of the third quarter, data indicated that Morocco’s cement sales declined by 1.1% during the first eight months of 2026, a notable shift from the 10.4% increase recorded during the same period the previous year. Despite this overall dip, specific segments showed resilience: infrastructure grew by 14.7% and ready-mix concrete rose by 6.4%.

The real estate sector also showed signs of recovery. According to Bank Al-Maghrib, real estate asset transaction volumes rose by 6.3% in the second quarter of 2026, rebounding from a 9.3% decrease in the previous quarter. This rebound included a 3.9% increase in residential real estate and a 31.9% jump in professional-use real estate. Additionally, the real estate asset price index saw a slight increase of 0.7% in the second quarter.

Mortgage financing also expanded, with outstanding mortgage loans growing by 3.9% through the first seven months of 2026 to approximately 330.7 billion dirhams. This growth was supported by a 2.7% increase in housing loans and a 5.9% rise in loans for real estate development.

Entities

Morocco · Sonasid · Ciments du Maroc · Bou Ahmed Dam · SGTM

Timeline

  1. 4 days ago

    [BUSINESS] 3 sources
    Morocco cement sales decline 1.1% in first eight months of 2026

    Morocco's cement sales fell 1.1% in the first eight months of 2026, though infrastructure and ready-mix concrete sectors grew. Real estate transactions and mortgage loans also showed recovery.

  2. 4 days ago

    [BUSINESS] 2 sources
    Holcim Maroc reports 8% drop in H1 2026 profits

    Holcim Maroc's consolidated net profit fell 8.1% to 843 MDH in H1 2026, impacted by fuel costs and rainfall, despite positive outlooks for 2030 World Cup infrastructure projects.

  3. 9 days ago

    [BUSINESS] 2 sources
    Ciments du Maroc reports lower first-half 2026 profits

    Ciments du Maroc reported a decrease in first-half 2026 net profit to 559 MMAD, impacted by acquisition financing and a contraction in the Moroccan cement market.

  4. 11 days ago

    [BUSINESS] 6 sources
    Moroccan companies report varied H1 2026 financial results

    Moroccan companies reported varied H1 2026 results, with Sonasid, SGTM, BCP, and Afric Industries showing increased profitability through operational efficiency and cost management.

Sources

ad-hoc-news.de · alphabourse.ma · alyaoum24.com · batisseurs-outremer.com · casaoui.ma · fameennews.info · infomagazine.ma · lakome2.com · lenew.ma · lenouvelliste.ma · northafricapost.com · webdisclosure.com

This summary has been updated 2 times: see revision history