Cartier Saada stock reports a 28.50 percent revenue drop

Published on 10/08/2026 at 00:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 2026/2027 revenue at Cartier Saada reached MAD 54.21 million, down 28.50 percent year over year. The share closed at MAD 20.00 on October 7, 2026.

CRS, MA0000011868, Illustration mit AI erstellt.

Cartier Saada (ISIN MA0000011868) reported MAD 54.21 million in revenue for the first quarter of fiscal 2026/2027, down 28.50 percent from MAD 69.69 million a year earlier. The update came as AMMC listed a Cartier Saada shareholding filing dated October 5, 2026.

Revenue fell in Q1 2026/2027

The reporting period covered April 1 through June 30, 2026. According to Entreprises du Maroc on October 5, 2026, local revenue fell 17.17 percent to MAD 1.23 million from MAD 1.49 million, while export revenue decreased 22.32 percent to MAD 52.98 million from MAD 68.20 million.

That export decline explains the largest part of the group revenue comparison because international sales accounted for 97.72 percent of total revenue in the quarter. The figures give investors a clear operating comparison: total sales fell by MAD 15.48 million year over year.

Exports drive the exposure

Entreprises du Maroc reported that Cartier Saada linked the pressure to tougher price competition, especially in the United States, where customers had access to lower-cost supplies from competing producer countries. The same report also described higher transport costs and repeated disruption at the port of Casablanca.

The concentration is material for the stock story. With 97.72 percent of quarterly revenue generated internationally, changes in export prices, logistics and order volumes have a direct effect on the company's sales base, while the local business contributed MAD 1.23 million in the quarter.

Stock closes at MAD 20.00

Cartier Saada stock closed at MAD 20.00 on the Casablanca Stock Exchange on October 7, 2026, down 1.91 percent for the session. The same session showed a high of MAD 20.89, a low of MAD 19.50 and volume of 17,100 shares.

The ownership filing adds a separate shareholder signal. According to Entreprises du Maroc, an investor sold 4,000 shares on September 23, 2026, at MAD 18.00 and held 260,687 shares, equal to 4.95 percent of the company, after the transaction.