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Moroccan corporate and construction sector performance

Updated 2 times since CLSTR started tracking revisions of this situation.

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2026-09-28 19:33 UTC → 2026-09-28 20:32 UTC · added removed

Moroccan corporate financial and construction sector performance

In the first half of 2026, major Moroccan companies reported varied financial outcomes across different sectors. Several firms, including the steel group outcomes. While firms like Sonasid, the construction firm SGTM, and the bank BCP, reported increases in net BCP saw profit driven by operational efficiency and consolidated resources. In contrast, increases, Ciments du Maroc and Holcim Maroc reported an 8.2% decrease in consolidated net income declines due to 559 MMAD, citing financial charges from the acquisition of Asment de Témara costs, fuel prices, and a lack heavy rainfall that disrupted construction. By the end of prior-year capital gains. The Moroccan the third quarter, data indicated that Morocco’s cement market experienced sales declined by 1.1% during the first eight months of 2026, a 1.3% contraction notable shift from the 10.4% increase recorded during the same period the previous year. Despite this period, influenced overall dip, specific segments showed resilience: infrastructure grew by heavy rainfall that disrupted construction activities. Following this trend, Holcim Maroc reported an 8.1% decrease 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 consolidated net profit for the first half second quarter of 2026, totaling 843 MDH. rebounding from a 9.3% decrease in the previous quarter. This was accompanied by rebound included a 5.2% drop 3.9% increase in current operating income. The company attributed these results to rising fuel prices residential real estate and fluctuating sales volumes, though production cost management provided some offset. While the domestic cement market saw a 1.3% decline 31.9% jump in professional-use real estate. Additionally, the first half real estate asset price index saw a slight increase of the year due to heavy rainfall 0.7% in the first quarter, the second quarter showed signs of market dynamism. Holcim Maroc maintains a positive outlook for quarter. Mortgage financing also expanded, with outstanding mortgage loans growing by 3.9% through the remainder first seven months of the year, expecting 2026 to approximately 330.7 billion dirhams. This growth driven was supported by infrastructure investments for 2030 World Cup preparations, major investment projects, and direct a 2.7% increase in housing assistance programs. loans and a 5.9% rise in loans for real estate development.

Versions

  1. 2026-09-28 20:32 UTC Moroccan corporate and construction sector performance
  2. 2026-09-28 19:33 UTC Moroccan corporate financial performance
  3. 2026-09-24 20:41 UTC Moroccan corporate financial performance

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