Disway stock: Nine-month revenue rises 10% as Volume leads

Published on 11/09/2026 at 00:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Disway stock gained momentum in the first nine months as demand for core computing products improved. Management is broadening its regional growth plans.

Disway expands beyond core distribution

Disway's first-nine-month growth was supported by its Volume business and a recovery in public computing tenders.
The Value segment weakened, while logistics and West African expansion remain strategic focus areas.
Rising memory prices and geopolitical tensions are key operating considerations for investors.

DWY, MA0000011637, Illustration mit AI erstellt.

Disway reported consolidated revenue of 1.651 billion Moroccan dirhams for the first nine months of 2026, up 10 percent from the same period a year earlier. The Moorish Times reported the figures on November 7, citing Disway's third-quarter operating indicators released on November 5.

Growth slows in the third quarter

Revenue reached 563 million dirhams in the third quarter, compared with 549 million dirhams a year earlier. The 2.4 percent increase was considerably slower than the nine-month advance, pointing to a more moderate near-term pace.

The Volume segment, which includes desktop and laptop computers, printing and imaging, generated 453 million dirhams in the quarter, an increase of 3.5 percent. Disway linked the performance to the return of public tenders in the computing market.

Value business remains under pressure

The Value segment declined 4.3 percent to 97 million dirhams. Other activities rose from 11 million to 13 million dirhams, supported mainly by logistics services.

Morocco remained the group's largest market, with revenue of 1.207 billion dirhams through September, up 2.8 percent year on year. Disway also plans to accelerate its expansion in West Africa and strengthen its value-added businesses as geopolitical tensions and higher memory prices weigh on the operating environment.

Disway's business and market position

Disway distributes IT and telecom equipment in Morocco and international markets, including computers, printing products, tablets, telephony, servers, networks, data-center equipment, storage, software, video-surveillance solutions and solar products. The company also provides logistics, packing, drop-shipping, assembly, inventory and reporting services.

Founded in 1982, Disway is headquartered in Casablanca and serves the Moroccan technology market from a broad distribution platform. Its mix of hardware, infrastructure, software, solar solutions and logistics gives it a wider operating scope than a narrowly focused equipment reseller.