Latest financial news
| MOROCCO | BCP | NIGS up 9% in 2025
The financial results of Banque Centrale Populaire for fiscal years 2024 and 2025 show the following developments:
- In 2024, BCP recorded a a Net Banking Income (NBI) of MAD 25.6 billion, while in 2025 it reached MAD 27.0 billion, representing an increase of 5.4%.
- The cost of risk amounted to MAD 6.2 billion in 2024 and decreased to MAD 5.4 billion in 2025, which corresponds to a decline of 13.5%.
- NIGS rose from MAD 4.1 billion in 2024 to MAD 4.5 billion in 2025, an increase of 8.6%.
The net margin slightly improved, increasing from 16.2% in 2024 to 16.7% in 2025, a gain of 0.5 percentage points. - Finally, DPS stood at 10.5 dirhams in 2024.
| MOROCCO | BANK OF AFRICA | Consolidated NBI up 9% in 2025
In Q4 2025, Bank of Africa's consolidated NBI rose by 8.7% to MAD 5,069 Mn. In the FY 2025, the Group's consolidated NBI increased by 8.7% to MAD 20,348 Mn.
| MOROCCO | BMCI | Consolidated net income up 29% in 2025
The financial results of BMCI for fiscal years 2024 and 2025 show the following developments:
- In 2024, Net Banking Income (NBI) amounted to MAD 3,789 million, compared to MAD 3,944 million in 2025, representing an increase of 4.1%.
- Gross Operating Income (GOI) rose from MAD 1,548 million in 2024 to MAD 1,681 million in 2025, recording an increase of 8.6%.
- The GOI margin also improved, rising from 40.9% in 2024 to 42.6% in 2025, an increase of 1.7 percentage points.
- The cost of risk increased, reaching MAD 810 million in 2024 and MAD 912 million in 2025, representing a growth of 12.6%.
- Consolidated net income improved significantly, rising from MAD 326 million in 2024 to MAD 420 million in 2025, an increase of 28.8%.
- The net margin also evolved, moving from 8.6% in 2024 to 10.6% in 2025, a gain of 2 percentage points.
- Finally, DPS stood at MAD 18.0 in 2024.
| MOROCCO | MANAGEM | Consolidated revenue up 55% in 2025
In Q4 2025, Managem’s consolidated revenue settled at MAD 6,274 Mn against MAD 2,325 Mn in Q4 2024. In 2025, this recorded an increase of 55% to MAD 13,694 Mn.
| MOROCCO | SGTM | Consolidated revenue up 37% in 2025
In Q4 2025, SGTM's consolidated revenue stood at MAD 4,886 Mn, up 8.7% YoY. In 2025, the Group's consolidated revenue rose by 36.6% to MAD 15,165 Mn.
| MOROCCO | LAFARGEHOLCIM MAROC | Consolidated revenue up 10% in 2025
In Q4 2025, LafargeHolcim Maroc's consolidated revenue reached MAD 2,411 Mn, up 2.4% YoY. In 2025, the operator's consolidated revenue recorded an increase of 9.6% to MAD 8,936 Mn.
| MOROCCO | TAQA MOROCCO | Consolidated revenue down 2% in 2025
In Q4 2025, Taqa Morocco’s consolidated revenue recorded a decrease of 2.3% to MAD 2,680 Mn. In 2025, this amounted to MAD 10,638 Mn, down 2.2%.
| MOROCCO | AUTO HALL | Consolidated revenue up 18% in 2025
In 2025, Auto Hall's vehicles sales amounted to 25,778 units, up 18%. In this context, the Group's consolidated revenue increased by 18% during the same period to MAD 5,911 Mn.
| MOROCCO | HPS | Consolidated global revenue up 22% in 2025
In Q4 2025, HPS's consolidated global revenue reached MAD 517 Mn, up 30.8% YoY. In 2025, the Group's consolidated global revenue jumped by 22.0% to MAD 1,547 Mn.
| MOROCCO | RISMA | Consolidated revenue up 29% in 2025
In Q4 2025, Risma's consolidated revenue rose by 39% to MAD 486 Mn. To this end, the Group's consolidated revenue increased by 29% in 2025 to MAD 1,634 Mn.
| MOROCCO | SMI | Revenue up 49% in 2025
In Q4 2025, SMI's revenue more than doubled to settle at MAD 589 Mn against MAD 232 Mn in Q4 2024. In 2025, the company's revenue rose by 49% to MAD 1.566 Mn.
| MOROCCO | ARADEI CAPITAL | Consolidated revenue up 7% in 2025
In Q4 2025, Aradei Capital's consolidated revenue jumped by 8.6% to MAD 177 Mn. To this end, the company's consolidated revenue increased by 6.8% in 2025 to MAD 647 Mn.
| MOROCCO | MED PAPER | Revenue up 7% in 2025
In Q4 2025, Med Paper's revenue fell by 23.4% to MAD 23.6 Mn. In 2025, the company's revenue recorded a decline of 16.3% to MAD 88.4 Mn.
| MOROCCO | OULMÈS | Revenue up 11% in 2025
In Q4 2025, Oulmes' revenue rose by 9.4% to MAD 703.8 Mn. In 2025, the company's revenue recorded an increase of 11.2% to MAD 3,195.8 Mn.
| MOROCCO | WAFA ASSURANCES | Consolidated revenue up 11% in 2025
In Q4 2025, Wafa Assurances' consolidated revenue stood at MAD 4,307 Mn, up 20.2% YoY. In 2025, the Group's consolidated revenue increased by 10.9% to MAD 15,226 Mn.
| MOROCCO | STROC INDUSTRIE | Revenue up 48% in 2025
In the FY 2025, Stroc Industrie’s revenue recorded an increase of 48% to MAD 173.9 Mn against MAD 117.7 Mn during the previous year.
| MOROCCO | FENIE BROSSETTE | Consolidated revenue up 8.5% in 2025
In 2025, the consolidated revenue of Fenie Brossette jumped by 8.5% to settle at MAD 757 Mn against MAD 698 Mn during the previous year.
| MOROCCO | REBAB COMPANY | Revenue stable in 2025
In Q4 2025, Rebab company's revenue remained stable at MAD 7.000. In 2025, this amounted to MAD 30.000 stable compared to the previous year.
| MOROCCO | ZELLIDJA | Consolidated revenue up 8.5% in 2025
In Q4 2025, Zellidja’s consolidated revenue stood at MAD 192 Mn, down 9.4% YoY. In 2025, the operator's consolidated revenue increased by 8.5% to MAD 757 Mn.
| MOROCCO | SNEP | Revenue up 18% in 2025
In Q4 2025, SNEP’s revenue displayed an increase of 1.9% to MAD 198.2 Mn. In 2025, this jumped by 17.7% to settle at MAD 745.7 Mn.
