Latest financial market news
MOROCCO | CMT : NIGS down 20% in H1 2025
CMT posted strong revenue growth, up 21.9% to MAD 342 million compared to MAD 281 million a year earlier. EBIT followed the same trend, rising 38.4% to MAD 199 million, with the EBIT margin improving by 6.9 points to reach 58.1%. However, despite these operational performances, net income group share (NIGS) fell by 19.9%, settling at MAD 75 million. The net margin stood at 21.8%, down 11.4 points compared to 2024.
MOROCCO | AFRIC INDUSTRIES : Net income up 35% in H1 2025
Afric Industries confirmed its positive momentum with revenue up 7.4%, reaching MAD 21 million. EBIT rose 28.8% to MAD 5 million, and the EBIT margin improved by 3.8 points to 23.2%. Net income fully benefited from this performance, jumping 35.1% to MAD 3 million, while the net margin gained 3.1 points to reach 14.9%.
MOROCCO | COLORADO : Net income up 28% in H1 2025
Colorado maintained its growth trajectory with revenue increasing by 2.6% to MAD 289 million. EBIT rose sharply by 58.3% to MAD 54 million, pushing the EBIT margin up by 6.6 points to 18.8%. Net income reached MAD 27 million, up 28.1%, allowing the net margin to improve by 1.9 points to 9.5%.
MOROCCO | STOKVIS NORD AFRIQUE : A loss of MAD -0.3 Mn in H1 2025
Stokvis Nord Afrique reversed the trend and significantly reduced its losses. Revenue jumped 56.8%, rising from MAD 69 million to MAD 108 million. EBIT turned positive at MAD 20 million, compared to -MAD 14 million the previous year, representing an improvement of MAD 34 million. Net income followed the same trend, with a limited loss of -MAD 0.3 million, versus -MAD 24 million a year earlier, marking a net improvement of MAD 24 million.
MOROCCO | HPS : Sale of the Testing activity to Synanto Services SAS
In a press release, HPS announces that it has signed an agreement to sell, subject to conditions precedent, its Testing business, including the Acpqualife name, to Synanto Services SAS.
Economic news
MOROCCO | INFLATION : An inflation rate of 0.3% in August 2025
In August 2025, the Consumer Prices Index increased by 0.5% compared to the previous month. This results from the increase of 1.1% in the food products index and 0.1% in the non food products index. Year-on-year, the inflation rate settled at 0.3%.
Note that the underlying inflation indicator which excludes products at volatile prices and products at public tariffs remained stable in August 2025 compared to the previous month and increased by 0.7% year-on-year.
BURKINA FASO | INFLATION : An inflation rate of -1.1% in July 2025
According to the National Institute of Statistics and Demography (INSD) of Burkina Faso, the Harmonized Consumer Prices Index increased by 0.1% in July 2025 compared to the previous month. On an annual basis, the inflation rate settled at -1.1%.
