Vicenne: Profits Up 79% in the First Half of 2025

Vicenne's consolidated revenue reached 527 million dirhams, marking a 44% increase compared to 366 million dirhams in the first half of 2024. This growth is supported by strong performance across all segments. The Equipment segment reported a revenue increase of 43%, rising from 216 million dirhams to 308 million dirhams. Meanwhile, the Implantables and Reagents segment saw a remarkable growth of 54%, reaching 164 million dirhams compared to 107 million dirhams last year. Services also contributed to the overall growth, with a 32% increase in revenue, from 38 million dirhams to 50 million dirhams. The gross margin improved by 50%, increasing from 131 million dirhams to 197 million dirhams, maintaining a margin rate above 35%, which confirms the quality of the product and service portfolio. The group's EBITDA rose by 64%, reaching 126 million dirhams compared to 77 million dirhams in the first half of 2024, demonstrating the company's ability to generate robust results while managing operating expenses effectively. This reflects an improvement in operational profitability. Finally, net profit experienced significant growth, reaching 83 million dirhams, up from 46 million dirhams, representing a 79% increase. This performance illustrates Vicenne's capacity to capitalize on market trends and achieve growth while maintaining its margins. Looking ahead, management reaffirms that the group will meet its year-end targets, aiming for consolidated revenue exceeding one billion dirhams and an EBITDA margin above 21%.