News2025-08-28

Jet Contractors: Revenue Increased by 10.38% in the First Half of 2025

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Jet Contractors: Revenue Increased by 10.38% in the First Half of 2025
Jet Contractors achieved a consolidated revenue of 1.52 billion MAD as of June 30, 2025, reflecting a 10.38% increase compared to the same period last year. In the second quarter alone, revenue reached 788.61 million MAD, up from 776.55 million MAD in Q2 2024. The group's order book stands at nearly 9.2 billion MAD, representing a 16.4% increase compared to June 30, 2024. Export activities account for 31% of the portfolio, with operations in several other African countries. Additionally, new orders totaling approximately 2.2 billion MAD were confirmed during July and August 2025. As of the end of June 2025, the company's debt reached 1.56 billion MAD, compared to 865.26 million MAD in the first half of 2024. Investments made during the first half of 2025 amounted to 37.26 million MAD, down from 46.24 million MAD in the same period of 2024. Jet Contractors continues to enhance its business model, focusing on diversification, international development, and strengthening its core activities through improved competitiveness. The company is experiencing double-digit growth and has reached a new milestone by investing heavily in its production capabilities, including strengthening its industrial platform and acquiring equipment to accelerate project delivery. Furthermore, Jet Contractors has secured the necessary financial resources through a recent bond issuance, which will help sustainably structure its long-term debt and establish a robust foundation for future development. The company is also reinforcing its subsidiary, Jet Energy, to support the burgeoning Moroccan and international markets.

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Jet Contractors: Revenue Increased by 10.38% in the First Half of 2025