Marsa Maroc stock reports 12 percent H1 profit growth
Published on 10/05/2026 at 13:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Marsa Maroc stock (SODEP - Marsa Maroc) reported a 12 percent increase in first-half 2026 net income to MAD 869 million. According to 7NEWS on September 29, 2026, the port operator also lifted consolidated revenue by 13 percent to MAD 3.214 billion for the six months through June. The results give the stock a clear operating-growth story even as the latest trading session was weaker.
Revenue reaches MAD 3.214 billion
The first-half revenue comparison was measured against MAD 2.842 billion in the same period of 2025, while net income rose from MAD 773 million. Gross operating surplus increased 20 percent to MAD 1.873 billion from MAD 1.561 billion, showing that operating profit grew faster than sales.
According to Le Nouvelliste on September 29, 2026, Marsa Maroc handled 34.5 million tonnes in the first half, up 3 percent from a year earlier. Containerized traffic reached 1.52 million equivalent units, with import-export flows rising 7 percent to 697,594 equivalent units.
MAD 3.4 billion funds expansion
Marsa Maroc committed MAD 3.4 billion to development during the first six months of 2026, primarily for port infrastructure and new terminals at Nador West Med. The investment figure is important because the company is pursuing volume growth while expanding its operating footprint.
The same first-half activity also showed a mixed cargo composition. Transshipment fell 4 percent to 822,666 equivalent units, while solid bulk and miscellaneous cargo reached 11.7 million tonnes, up 3 percent, and liquid bulk increased 6 percent to 5.9 million tonnes.
Stock remains below its yearly high
MSA traded at MAD 770.10 on the Casablanca Stock Exchange on October 2, 2026, down 2.52 percent for the session. The quote stood between a 52-week low of MAD 702.10 and a 52-week high of MAD 1,042, leaving the share 26.09 percent below its yearly high.
Market capitalization was MAD 56.5 billion on October 2, 2026, and trading volume was 32,000 shares. For investors, the central tension is visible in the numbers: first-half revenue grew 13 percent and net income 12 percent, while the stock remains closer to its yearly low than its yearly high.
Marsa Maroc stock facts
- Company: Societe d'Exploitation des Ports SA
- Ticker: MSA
- Trading venue: Casablanca Stock Exchange
- Price (as of October 2, 2026): MAD 770.10
- Market capitalization: MAD 56.5 billion (as of October 2, 2026)
- 52-week range: MAD 702.10-MAD 1,042
- Sector / Industry: Transportation and logistics
