Aluminium du Maroc profit rises 31 percent: what it means for Aluminium du Maroc stock

Published on 10/19/2026 at 02:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 2026 net income reached MAD 41.0 million as revenue fell 7 percent to MAD 603.7 million. Aluminium du Maroc stock has a December 2 results date.

Profit and revenue diverged

Aluminium du Maroc reported 31 percent higher net income on October 8, 2026.
Consolidated revenue reached MAD 603.7 million in the first half of 2026.
Aluminium du Maroc is scheduled to report earnings on December 2, 2026.

ALM, MA0000010936, Illustration mit AI erstellt.

Aluminium du Maroc (MA0000010936) increased consolidated net income 31 percent year over year to MAD 41.0 million in the first half of 2026, while revenue fell 7 percent to MAD 603.7 million. AlCircle reported the figures on October 8, 2026, highlighting the contrast between weaker sales and stronger profitability.

Profit growth offsets weaker sales

Operating income also rose 23 percent year over year to MAD 77.2 million in the first half of 2026, according to AlCircle. The result gives investors a more differentiated picture than revenue alone: consolidated net income increased from MAD 31.3 million in the first half of 2025, while revenue declined from MAD 650.1 million.

Aluminium du Maroc designs and manufactures aluminum-alloy profiles for building and industrial applications, according to the company's website. The business therefore combines exposure to construction demand with the margin earned from extrusion, finishing and related profile solutions.

Three dates explain the transition

On May 12, 2026, the board decided to stop the steel activity, a move described by Dirham Digest as part of a stronger focus on aluminum. On September 30, 2026, the company published first-half figures showing MAD 603.7 million in consolidated revenue, according to Dirham Digest. On October 8, 2026, AlCircle put the 31 percent net-income increase alongside the 7 percent revenue decline.

What does the profit shift mean?

The answer is visible in the operating figures. With operating income at MAD 77.2 million and net income at MAD 41.0 million in the first half of 2026, profitability improved even as consolidated sales contracted. The shift also makes the steel exit and the concentration on aluminum important reference points for the next report.

Next reporting date is December 2

Investing.com lists December 2, 2026 as Aluminium du Maroc's next earnings date. The latest quoted Casablanca Stock Exchange price in the cited market context was MAD 1,920.00 at the October 16, 2026 close, while the reported first-half results provide the stronger operating reference for the stock.