Strong Financial Performance in 2025
Les Eaux Minérales d’Oulmès (LEMO) reported a revenue of 703.8 million dirhams for the fourth quarter of 2025, representing a 9.4% increase compared to the same quarter in 2024.
This brings the total revenue for the year to 3.2 billion dirhams, reflecting an impressive growth rate of 11.2%. This performance underscores the robustness of LEMO's operational model and its value creation strategies in a highly competitive market.
Commitment to National Events and Quality Standards
In line with its national commitment, LEMO served as the official water supplier for the CAN 2025 tournament through its Sidi Ali brand. This initiative showcased the company's logistical expertise and its ability to support a major continental event.
Additionally, the company achieved ISO 17025 accreditation for its Tarmilate laboratory in the Khémisset province, enhancing its standing as an accredited entity in microbiology and physicochemical analysis of bottled water in Morocco.
Recognition and Investment Initiatives
LEMO was also recognized as the Number 1 Best Place to Work in Morocco and Africa, highlighting the quality of its management model and commitment to human capital.
In the fourth quarter, investments reached 120 million dirhams, in line with the planned acquisition of industrial equipment outlined in its development strategy. For the entire year, capital expenditures totaled 551 million dirhams, an increase of 4.9%, reflecting intensified efforts to modernize facilities and enhance industrial and logistical capacities.
Financial Management and Debt Strategy
To strengthen its financial stability and align its debt with its investment cycle, LEMO is maintaining a proactive approach to its financial structure. As of December 2025, net debt stood at 1.39 billion dirhams, down 11.2%, following high-level operations including leaseback agreements and the issuance of 350 million dirhams in redeemable bonds.
These measures aim to optimize the debt profile and maintain solid financial balances, consistent with the company's development strategy.
Future Outlook
Looking ahead, LEMO is committed to driving innovation to offer high-value products that align with evolving consumer expectations. The company is also enhancing its commercial network and consolidating the efficiency of its industrial and logistical chain to ensure operational performance, responsiveness, and a constant commitment to quality.
Staying true to its vision as a responsible corporate citizen, LEMO is fully integrating sustainability principles into all its operations, thereby positioning its growth trajectory within a responsible and sustainable framework.
