Stay ahead with the latest reports, earnings calls, and market commentary from the Casablanca Stock Exchange.
Imad Ghammad has been elected as the new president of FIMASUCRE, succeeding Hassan Mounir, amid positive developments in the sugar campaign due to recent rainfall. The board aims to enhance the competitiveness and sustainability of the sugar sector.
Cosumar reports a 3.7% increase in consolidated revenue, reaching 8,037 MDh by the end of September 2025, driven by higher export volumes and improved local sugar production.
The Casablanca Stock Exchange experienced a decline in the MASI index, which fell by 2.49% over the week. Despite a slight recovery on Friday, the index has recorded three consecutive weeks of losses.
Analysts at BKGR have slightly raised their target price for Cosumar, anticipating a strategic transformation that could enhance growth and valuation through synergies. The company is exploring new opportunities for diversification and innovation.
The Cosumar Group has launched its 2025/2026 sugar campaign, highlighting significant production increases and a commitment to agricultural sustainability. The campaign aims to enhance food sovereignty in Morocco.
Four new stocks will replace Managem, Mutandis, CIH Bank, and HPS in the MASI 20 index, enhancing its representation of the market. The MASI 20 serves as a benchmark for investors.
Cosumar reported a consolidated revenue increase of 7.6% in the first half of 2025, despite a 6% decline in net profit compared to the previous year. The company is preparing for the upcoming sugar campaign with increased local production expectations.
Imad Ghammad has been appointed as the new CEO of Cosumar following Hassan Mounir's retirement due to health reasons. Ghammad has been with the company since 2006 and has held several strategic positions.
Cosumar reports a 7.6% increase in consolidated revenue for the first half of 2025, driven by higher export sales despite challenging international sugar market conditions.
The Casablanca Stock Exchange's MASI index experienced a slight decline on Friday but maintained a strong weekly gain of 0.85%. Trading activity remained robust with significant volumes recorded.