Latest financial news
| MOROCCO | CARTIER SAADA | Net income down 65% in H1 of the FY 2025/2026
In the first half of fiscal year 2025/2026, Cartier Saada posted a slight increase in revenue, rising from MAD 133 million to MAD 134 million, up 0.6% compared to the same period last year.
However, profitability weakened. EBITDA fell from MAD 13 million to MAD 12 million, a decline of 3.7%, while the EBITDA margin slipped from 9.4% to 9.0%, down 0.4 percentage points.
Net income dropped sharply, falling from MAD 4 million to just MAD 1 million—a 65.4% decrease. The net margin also collapsed, dropping from 3.2% to 1.1%, down 2.1 points.
Economic news
| MOROCCO | FISHING | Sector’s revenue down 4% at the end of November 2025
According to the National Fisheries Office, landings of inshore and artisanal fishery products declined by 15% at the end of November 2025 to settle at 1,048,347 tons. Thus, the sector's revenue stood at MAD 9.6 Bn during the same period decreasing by 4% y-o-y.
| SENEGAL | INFLATION | An inflation rate of 2.9% in November 2025
According to the National Agency of Statistics and Demography (ANSD) of Senegal, the Harmonized Consumer Prices Index decreased by 0.1% in November 2025, compared to the previous month. On an annual basis, the inflation rate stood at 2.9%.
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