Sonasid: Profits Increase by 359% in the First Half of 2025

In the first half of 2025, Sonasid confirmed its growth momentum and solidified its fundamentals in a favorable market. The consolidated revenue reached 3,054 million MAD by the end of June 2025, marking a 25% increase compared to the first half of 2024. This performance was supported by the robust construction and public works market, as well as the commercial development initiatives implemented by the company. During this period, the Group invested 100 million MAD, primarily to enhance its productivity and competitiveness. These targeted investments, combined with ongoing process optimization, resulted in strong operational performance aligned with the ambitions of the strategic plan "Act For Impact." By the end of the semester, Sonasid achieved a consolidated EBITDA of 252 million MAD, an increase of 108% compared to the same period in 2024. This growth was facilitated by increased production, cost reductions, and expanded distribution efforts. Additionally, recycling initiatives contributed to this performance. The Group's net income reached 97 million MAD by the end of June 2025, a remarkable 359% rise from 21 million MAD during the same period of the previous fiscal year. Sonasid also reported a solid balance sheet, with excess cash of 341 million MAD at the end of June 2025. However, this reflects a 53% decline compared to the end of 2024, attributed to increased working capital requirements due to business growth and rising investments. Looking ahead, the construction market continues to show favorable prospects, driven by infrastructure development plans, particularly in relation to Morocco's hosting of the 2025 Africa Cup of Nations, the 2030 World Cup, and the implementation of direct assistance programs for first-time homebuyers. Concurrently, Sonasid is advancing its strategic plan "Act For Impact," aimed at accelerating commercial development, enhancing industrial competitiveness, and fostering innovation through the launch of new products and services. Leveraging its operational expertise and sustainable industrial model, the Group aims to capitalize on the sustained momentum of the Moroccan construction market.