Alliances stock gains on strong first-half 2026 revenue growth

Published on 09/19/2026 at 10:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Alliances stock closed at MAD 377.00 on September 18, 2026, near the bottom of its 52-week range but backed by rising revenue. The Alliances Darna Investissement group grew first-half 2026 revenue 6.5% to MAD 1.4 billion with Q2 up 30% year on year.

ADI, MA0000011819, Illustration mit AI erstellt.

Alliances Developpement Immobilier stock (ISIN MA0000011819) on the Casablanca Stock Exchange closed at MAD 377.00 on September 18, 2026, unchanged on the day and near the lower end of its 52-week range of MAD 360.00 to MAD 639.00, giving the real estate developer a market capitalization of about MAD 8.61 billion as of that date.

Revenue accelerates sharply in second quarter 2026

According to TelQuel on September 18, 2026, the Alliances group saw its revenue rebound strongly in the second quarter of 2026, with quarterly revenue jumping 30% to MAD 803 million compared with the same period a year earlier.

The same report states that Alliances revenue in the first quarter of 2026 had fallen 14% to MAD 615 million, highlighting the significance of the Q2 turnaround for investors tracking the trajectory of the company’s operating performance.TelQuel

First-half 2026 figures and pre-sales trends

Over the first six months of 2026, Alliances increased its consolidated revenue by 6.5% to MAD 1.4 billion compared with the same period of 2025, confirming that the second-quarter surge more than offset the earlier weakness.TelQuel

For investors focused on demand indicators, the same article notes that Alliances pre-sales in the second quarter of 2026 rose 16% to 1,639 units, while pre-sales for the first half of 2026 increased 2% to 3,267 units compared with the first half of 2025.TelQuel

Stock stays near 52-week low despite improving fundamentals

Per data from Investing.com as of September 18, 2026, Alliances stock traded in a daily range between MAD 376.00 and MAD 400.00 before closing at MAD 377.00 on the Casablanca Stock Exchange, compared with a 52-week high of MAD 639.00 and a 52-week low of MAD 360.00.

At the closing price of MAD 377.00 on September 18, 2026, the shares are roughly 4.7% above the 52-week low and about 41.0% below the 52-week high, illustrating that the market has yet to fully price in the recent recovery in revenue and pre-sales despite the company’s first-half 2026 growth figures.