News2025-08-29

Fenie Brossette: Consolidated Revenue Increases by 9% in the First Half of 2025

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Fenie Brossette: Consolidated Revenue Increases by 9% in the First Half of 2025
As of June 30, 2025, Fenie Brossette's consolidated revenue reached 374 million dirhams, reflecting a 9% increase compared to the same period in 2024. This growth is driven by the strong performance of the Construction & Industry and Automotive Business Units, which reported increases of 22% and 16%, respectively, in the first half of the year. In the second quarter of 2025, consolidated revenue amounted to 170 million dirhams, down from 188 million dirhams in Q2 2024, representing a decline of 9.6%. The consolidated net debt stood at 99 million dirhams as of June 30, 2025, compared to 68 million dirhams at the end of Q4 2024. This increase in debt reflects the growth of capital-intensive activities, necessitating greater working capital mobilization. Looking ahead, Fenie Brossette emphasizes its commitment to consolidating its expertise in high-value sectors, amidst favorable prospects for the industry. The company confirms that its achievements align with its strategic plan.

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