CMGP Group stock falls 4.41 percent as revenue rises 41.7 percent

Published on 09/28/2026 at 09:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CMGP Group stock fell 4.41 percent to MAD 282.00 on September 25, 2026. First-half revenue rose 41.7 percent to MAD 1.588 billion.

CMG, MA0000012718, Illustration mit AI erstellt.

CMGP Group stock (ISIN MA0000012718) closed at MAD 282.00 on the Casablanca Stock Exchange on September 25, 2026, down 4.41 percent for the session. The decline came as the company entered the market's latest trading period with first-half revenue growth of 41.7 percent.

Revenue reaches MAD 1.588 billion

According to Medias24, CMGP Group generated consolidated revenue of MAD 1.588 billion in the first half of 2026, compared with MAD 1.121 billion in the first half of 2025. The increase of MAD 467 million included both agricultural growth and contributions from newly consolidated entities.

The comparison is more nuanced on a like-for-like basis. Medias24 reported pro forma growth of 8.7 percent for the first half, while the agriculture division posted revenue of MAD 1.467 billion, up 36.9 percent from MAD 1.072 billion a year earlier.

Investment and debt move higher

Capital allocation also accelerated in the first half. Medias24 said investments reached MAD 73 million, compared with MAD 22 million in the prior-year period, a rise of MAD 51 million. Net debt stood at MAD 1.075 billion at the end of June 2026, versus MAD 949 million at the end of December 2025.

The figures leave investors with two competing signals: faster reported expansion and a larger financing burden. The like-for-like growth rate of 8.7 percent is materially below the reported 41.7 percent increase, showing how much consolidation contributed to the headline revenue figure.

Stock sits at its 52-week low

CMGP Group's September 25 session ended at the lower bound of its MAD 282.00 to MAD 411.00 52-week range. Trading volume reached 27,590 shares and market capitalization stood at MAD 4.79 billion on that date, giving the 4.41 percent decline added weight in a relatively small listed company.

CMGP Group operates in irrigation, pumping, agricultural supplies, solar equipment and water infrastructure in Morocco and West Africa. The stock's next test is whether first-half growth can translate into stronger comparable performance while net debt remains above its December 2025 level.

CMGP Group stock closes at MAD 282.00

CMGP Group stock closed at MAD 282.00 on the Casablanca Stock Exchange on September 25, 2026, down 4.41 percent, with the session low matching the 52-week low.