Marsa Maroc stock reports 13 percent first-half revenue growth

Marsa Maroc stock is tied to first-half 2026 revenue of MAD 3.214 billion, up 13 percent from MAD 2.842 billion a year earlier. 7News Morocco reported the figures on September 29, 2026, with the company’s board having approved the half-year accounts on September 23.

Profit growth outpaced cargo volumes

Net income attributable to the group increased 12 percent to MAD 869 million in the six months through June 2026, compared with MAD 773 million in the same period of 2025, according to 7News Morocco.

Gross operating surplus advanced 20 percent to MAD 1.873 billion from MAD 1.561 billion, while operating expenses excluding depreciation rose 4.7 percent. The spread between revenue growth and cost growth gives the half-year update its main operating message.

Investment reaches MAD 3.4 billion

Marsa Maroc handled 34.5 million tonnes of cargo in the first half, up 3 percent year over year, while container traffic reached 1,520,260 TEUs, up 1 percent. Import and export traffic rose 7 percent to 697,594 TEUs, but transshipment traffic fell 4 percent to 822,666 TEUs, 7News Morocco reported.

Capital spending reached MAD 3.4 billion, mainly for port infrastructure and equipment at Nador West Med. The company also completed the entry of Terminal Investment Limited, which now owns 50 percent minus one share of the relevant subsidiary.

Analysts set a higher valuation mark

Investing.com lists a Strong Buy consensus from 2 analysts, with an average 12-month price target of MAD 940.50, a high estimate of MAD 974 and a low estimate of MAD 907. The average target lies 24.57 percent above the quoted price of MAD 755.00.

The same page places Marsa Maroc in the Transport Infrastructure industry and reports a 52-week range of MAD 702.10 to MAD 1,042.00. That range puts the share price closer to its yearly low than its yearly high, despite the stronger half-year operating figures.

Stock stays below its yearly high

Marsa Maroc was last at MAD 755.00 on the Casablanca Stock Exchange on October 7, 2026, with a previous close of MAD 755.00. The next scheduled earnings date is December 2, 2026.

Upcoming dates for Marsa Maroc stock

• December 2, 2026: Next earnings report