Sonasid: Revenue Increases by 25% in the First Half of 2025

In the first half of 2025, Sonasid recorded a social revenue of 2,979 MDH, reflecting a 25% increase compared to the same period in the previous fiscal year. This growth is driven by a significant rise in sales volumes within a dynamic market. The consolidated revenue reached 3,054 MDH, also up by 25% compared to the end of June 2024. In the second quarter alone, the consolidated revenue was 1,188 MDH, representing a 17% increase. Investments made during the first half of 2025 amounted to 100 MDH, part of an annual budget program of 290 MDH. This investment is primarily allocated to an operational excellence program, which includes projects aimed at enhancing productivity in the steel mill and rolling mills while reducing transformation costs. Sonasid maintains a solid balance sheet structure, with a cash surplus of 341 MDH as of the end of June 2025. The observed downward trend is mainly attributed to an increase in working capital requirements linked to the growth dynamics of the business, as well as the rise in investments made during the first half of 2025. Looking ahead, Sonasid continues to implement its strategic plan "Act For Impact," which focuses on accelerating business development, enhancing industrial competitiveness, and fostering innovation through the launch of new products and services. In this context, the Group is expected to continue benefiting from the sustained growth of the construction market in Morocco over the coming years. The consolidation perimeter has not changed during the second quarter of 2025.