SRM: Revenue Down 7% as of June 30, 2025

As of June 30, 2025, Société de Réalisations Mécaniques (SRM) reported consolidated revenue of 99.35 million dirhams, representing a 7% decline compared to the same period in 2024. This downturn stems primarily from a slowdown in the construction (BTP) division, which faced delivery delays. However, the Industrial division posted a 13% increase, driven in particular by the Energy department, which saw billing increase by over 64%. EBITDA showed a sharp improvement, rising from 856 thousand dirhams in Q2 2024 to 5.071 million dirhams in Q2 2025. This performance reflects an 18% increase in gross margin year-over-year.