Latest financial news
| MOROCCO | LABEL VIE | NIGS up 7% in 2025, DPS raised to MAD 120
In 2025, Label Vie continues to build strong momentum, with sales of goods climbing to MAD 16,403 million, up from MAD 14,604 million the previous year - an increase of 12.3%. Revenue shows a similar trend, rising from MAD 16,418 million to MAD 18,534 million, representing growth of 12.9%.
EBITDA also moves higher, reaching MAD 1,557 million in 2025 versus MAD 1,412 million in 2024, reflecting an improvement of 10.3%. The EBITDA margin edges down slightly, from 9.7% to 9.5% (‑0.2 pt).
Net Income Group Share (NIGS) follows the same upward direction, coming in at MAD 579 million in 2025, while the net margin adjusts slightly, decreasing from 3.7% to 3.5% (-0.2 point). Lastly, the dividend per share rises from MAD 110.57 in 2024 to MAD 120.00 in 2025, delivering growth of 8.5%.
Economic news
| MOROCCO | VEHICLES | Sales up 36% in January 2026
In January 2026, sales of new cars in Morocco amounted to 20,421 units, up 36.2% compared to the same period of the previous year. In more detail, sales of passenger vehicles rose by 39.0% to 18,261 units and those of light commercial vehicles increased by 16.3% to 2,160 units.
| WAEMU | INFLATION | An inflation rate of -0.8% in 2025
According to the Central Bank of West African States (BCEAO), the inflation rate in the WAEMU region settled at -0.8% in December 2025 against -0.5% during the previous month.