SNEP: Revenue Increases by 24.7% by the End of September 2025

In the third quarter of 2025, SNEP's revenue reached 187.7 million dirhams (MDH), marking a 2.7% increase compared to the same period last year. This growth reflects the resilience of the business in a challenging environment characterized by increased competition from imports and persistent pressure on vinyl product prices. By the end of September 2025, cumulative revenue amounted to 547.5 MDH, representing a 24.7% increase compared to the same period in the previous year. As of September 30, 2025, investments made totaled 17.5 MDH, a decrease of 65% from the same period last year. This decline is attributed to the completion of major investment programs undertaken in recent years. As of the end of September 2025, financial debt stood at 839.9 MDH, showing a slight increase compared to the end of December 2024. Looking ahead, SNEP anticipates continued revenue growth in the fourth quarter, supported by strong demand in the local market. In this challenging economic context, the company will continue its efforts to enhance operational efficiency, optimize resources, and control costs to improve its financial performance in the medium term and strengthen the resilience of its business model.