
The consolidated revenue of the Vicenne group for Q2 2025 increased by 52% compared to Q2 2024, reaching 305 million MAD, due to a strong volume of activity during the period.
For the first half of 2025, consolidated revenue saw a significant rise of 44% compared to the first half of 2024, totaling 527 million MAD. This growth is supported by increased revenues from key segments, including equipment, consumables (implants and reagents), and services.
Capital expenditures (CAPEX) amounted to 4.5 million MAD, primarily related to ongoing fixed asset investments associated with the initial public offering that occurred after the close of the first half of 2025.
Net debt (excluding lease liabilities) remained stable compared to 2024 at 275 million MAD, despite the growth in activity. The lease liabilities for Q2 2025 remained nearly unchanged from the previous year at 32.5 million MAD.
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