HPS stock reports 13.20 percent H1 operating income growth

Published on 10/01/2026 at 01:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HPS stock generated MAD 419.0 million in Q2 2026, up 15.30 percent year over year. Its H1 order backlog reached MAD 1.737 billion by June 30.

HPS, MA0000012304, Illustration mit AI erstellt.

HPS stock (ISIN MA0000012304) is backed by a 13.20 percent increase in operating income for the first half of 2026, according to Afrivestia. HPS stood at MAD 614.90 on the Casablanca Stock Exchange on September 29, 2026, while its market capitalization was MAD 4.8 billion on September 10, 2026.

Second quarter accelerates growth

According to 7News.ma on August 31, 2026, consolidated operating income reached MAD 419.0 million in the second quarter, compared with MAD 364.0 million in the same quarter of 2025. The MAD 55.0 million increase equals 15.30 percent year over year, exceeding the 13.20 percent first-half operating income growth rate.

The first-half total reached MAD 761.0 million, according to 7News.ma. Payment activities, including CR2, generated MAD 658.0 million during the six months, up 18.70 percent, with supplementary sales revenue increasing 59.70 percent.

Recurring revenue and backlog expand

HPS also reported MAD 578.0 million in recurring revenue for the first half of 2026, an increase of 13.80 percent, while its order backlog reached MAD 1.737 billion at the end of June, up 3.90 percent from the end of 2025. For investors, the combination of recurring revenue and backlog gives the operating-income increase a forward-looking dimension.

According to 7News.ma, HPS retained its 2026 targets of 12.00-17.00 percent organic growth and gradual EBITDA margin improvement. Research and development spending reached MAD 81.0 million in the first half, supporting work in security, compliance and artificial intelligence.

Casablanca valuation remains visible

HPS was quoted at MAD 614.90 on the Casablanca Stock Exchange on September 29, 2026, with a session change of minus 0.02 percent. The share price context sits alongside a market capitalization of MAD 4.8 billion on September 10, 2026, giving the operating figures a clear listed-company scale.