Financial and Economic news of October 2, 2025

Latest financial market news

CTM's Financial Performance

In the first half of 2025, CTM recorded a significant increase in revenue, reaching MAD 759 million, up 110.4% compared to MAD 360 million in the same period of 2024. However, despite this notable rise in revenue, EBIT (Earnings Before Interest and Taxes) declined considerably. It amounted to MAD -56 million, down from MAD 0.1 million in H1 2024, reflecting a decrease of MAD 55.4 million. As a result, the EBIT margin was neutral at 0.0%.

On the bottom line, Net Income Group Share (NIGS) remained stable at MAD 12 million, showing no variation year-over-year. Nevertheless, the net margin decreased from 3.4% in H1 2024 to 1.6% in H1 2025, a drop of 1.8 percentage points.

Economic news

MOROCCO | CEMENT: Sales up 11% at the end of September 2025

In September 2025, cement sales reached 1,223,925 tons, recording an increase of 12.5% compared to the same period of the previous year. Thus, the cement consumption at the end of September 2025 rose by 10.6% to 10,860,135 tons.

CEMAC | MONETARY POLICY: BEAC kepts its key rates unchanged

Following its last monetary policy meeting, the Bank of Central African States (BEAC) decided to maintain the Interest rate for tenders at 4.5%, the marginal lending facility rate at 6.0%, the deposit facility rate at 0.0% and the minimum reserve coefficients at 7.0% on due on demand and 4.5% on term payable.