AFMA: Revenue Increases by 11% in the First Half of 2025

AFMA SA's social revenue has shown a positive trend, increasing by 11% to 150 MDH, compared to 135 MDH a year earlier. This growth is attributed to the conclusion of new business deals and the development of the existing portfolio. In the second quarter of 2025 alone, the group achieved consolidated revenue of 85 MDH, marking a 16% increase from 73 MDH in Q2 2024. The social revenue for this period reached 73 MDH, up 12% from 65 MDH recorded during the same period last year. Regarding investments, the group committed 7.3 MDH as of June 30, 2025, down from 9.4 MDH at the same date in 2024. The consolidated net financial debt stood at 29.4 MDH at the end of June 2025, which includes the 2024 dividend of 60 MDH scheduled for distribution in September. For reference, the consolidated net debt was 11 MDH as of December 31, 2024.