Stokvis Nord Afrique Reduces Losses in the First Half of the Year

Stokvis Nord Afrique has reported a consolidated revenue of 107.6 million MAD, representing a 57% increase compared to 68.6 million MAD recorded a year earlier. The consolidated operating result stands at 19.7 million MAD, a remarkable turnaround from a loss of 14.3 million MAD in the first half of 2024, marking an impressive improvement of 238%. The consolidated net result shows a loss of 0.3 million MAD, significantly reduced from a loss of 24 million MAD last year, reflecting a 99% improvement. Key highlights indicate that the construction sector continues to experience robust growth, supported by substantial investments in equipment and the acceleration of infrastructure projects. In this context, Stokvis Nord Afrique has secured several strategic contracts, reinforcing its position as a leading supplier of equipment and machinery for construction and mining. Looking ahead, the Group is committed to its strategy of profitable growth and benefits from a strengthened order book. The newly won contracts are expected to yield positive results in the coming quarters, further solidifying the company's performance trajectory.