Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.
Maroc Telecom is set to terminate its existing share buyback program on April 10, 2026, and propose a new initiative aimed at enhancing liquidity and managing its stock more effectively. The new program will allow for the repurchase of up to 1.5 million shares over 18 months.
Attijariwafa Bank's consolidated net banking income reached 34.9 billion dirhams in 2025, marking a 5.6% increase from the previous year. The bank's net profit rose by 14.4%, driven by improved operational efficiency and a reduction in risk costs.
Lesieur Cristal concludes 2025 with a consolidated revenue of 5.394 billion MAD, reflecting stability despite significant market competition. The company continues to invest strategically, enhancing its operational efficiency and sustainability initiatives.
In 2025, Delta Holding's consolidated revenue reached 3.054 billion MAD, reflecting a 2.7% decrease year-over-year. The decline was primarily driven by reduced sales from subsidiaries SSM and DHS, despite a strong performance in the fourth quarter.
In the fourth quarter of 2025, Vicenne achieved a consolidated revenue of 389 million dirhams, marking a 39% increase year-over-year. The total revenue for the fiscal year reached 1.084 billion dirhams, exceeding management's projections and solidifying the company's growth trajectory.
The European Bank for Reconstruction and Development (EBRD) has signed an agreement to provide €2.1 million for a technical cooperation program aimed at supporting the Nador West Med industrial-port complex ahead of its operational phase. This initiative complements a previous €120 million investment by the EBRD in 2025.
CDM's 2025 financial results reflect strong growth driven by interest margins, with a notable increase in net banking income and net profit. AGR maintains a positive outlook, highlighting the bank's attractive growth and yield profile.
Allianz Trade's latest Country Risk Atlas highlights Morocco's robust economic growth and stability, maintaining its 'B1' rating as the safest country for business in Africa. Despite challenges, the outlook remains positive with projected GDP growth and a focus on diversification and renewable energy.
The Casablanca Stock Exchange's MASI index rose by 0.26%, driven primarily by Attijariwafa Bank's strong performance. The market capitalization now approaches 1,040 billion dirhams.
The Moroccan Treasury anticipates a growth rate of 4.6% for 2026, with recent hydrological developments suggesting a possible increase to nearly 6%. The economic landscape shows resilience despite ongoing drought conditions.
Bank Al-Maghrib has entered into a partnership with Archives du Maroc to strengthen its archiving system, building on efforts initiated in 2010. This collaboration aims to elevate the maturity of the Central Bank's archive management system.
CFG Bank has announced a remarkable 41% increase in net profit for 2025, alongside a significant upward revision of its 2026 growth projections. Key financial metrics indicate robust performance across credit and deposit segments.