Akdital finalizes Mecca acquisition for Akdital stock investors

Published on 10/19/2026 at 01:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached MAD 2.53 billion, up 21 percent on September 30, 2026. Akdital stock posted MAD 252 million net income, up 20 percent.

Expansion and earnings

Akdital completed the majority acquisition of a 126-bed hospital in Mecca on September 30, 2026.
First-half revenue reached MAD 2.53 billion, up 21 percent from the prior-year period.
Consolidated net income rose 20 percent to MAD 252 million in the first half of 2026.

AKT, MA0000012585, Illustration mit AI erstellt.

Akdital (MA0000012585) reported MAD 2.53 billion in consolidated revenue for the first half of 2026, up 21 percent from the prior-year period, as Le360 reported on September 30, 2026. The group also advanced its Saudi expansion by finalizing the majority acquisition of Al Bishri Hospital in Mecca, which is being renamed Akdital Makkah Al Mukarramah and planned to expand from 120 to 126 beds.

Saudi expansion adds capacity

Le Matin reported on September 30, 2026, that Akdital's consolidated net income reached MAD 252 million in the first half of 2026, up 20 percent year over year. Consolidated earnings before interest, taxes, depreciation and amortization reached MAD 634 million, up 19 percent, while the net margin held at 10 percent.

The expansion is capital intensive. Investments totaled MAD 875 million in the first half of 2026, with MAD 477 million, or 54.51 percent, allocated to projects in Saudi Arabia and the United Arab Emirates. Net debt reached MAD 4.85 billion at June 30, 2026, up 14 percent from the end of 2025, according to Le360.

Three milestones shaped growth

On June 30, 2026, Akdital had 45 facilities and 4,864 beds, after adding 359 beds during the first half, according to Le360. In September 2026, two hospitals in Riyadh and Mecca entered service. On September 30, 2026, first-half revenue reached MAD 2.53 billion and net income reached MAD 252 million.

What does expansion mean for earnings?

The operating footprint is widening faster than the financial base. Admissions rose 15 percent to 590,842 in the first half of 2026, while oncology contributed 36 percent of revenue, up from 31 percent a year earlier. The figures point to rising activity, but the 14 percent increase in net debt and the concentration of 54.51 percent of investment in two foreign markets keep execution central to the earnings outlook.

Forward milestones carry the plan

Akdital said the Saudi operations should begin contributing to activity in the second half of 2026, while the group targets 59 facilities in more than 29 cities and more than 6,000 beds by 2028, according to Le360. The next phase therefore depends on filling the new hospitals while funding further openings.

AKT last traded on Casablanca

Akdital was last at MAD 1,064.00 on the Casablanca Stock Exchange on October 16, 2026, at 4:45 p.m. WET. The same quote showed a 52-week range of MAD 980.00 to MAD 1,465.00, placing the last price MAD 401.00 below the high.