Sanlam Maroc stock gained 2.60 percent on October 7, 2026
Published on 10/08/2026 at 04:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Sanlam Maroc stock closed at MAD 2,955.00 on the Casablanca Stock Exchange on October 7, 2026, up 2.60 percent, with one share traded. The latest reported figures showed strong premium growth but only a modest increase in net income.
Revenue rose 19.6 percent
In a report dated September 24, 2026, Le Nouvelliste Maroc said Sanlam Maroc generated MAD 4.103 billion in revenue during the first half of 2026, a 19.6 percent increase from the first half of 2025.
Life insurance led the increase, while non-life activities grew 5.9 percent over the same period. The mix matters because the top-line expansion was much faster than the improvement in profitability.
The same September 24 report said net income reached MAD 172 million in the first half of 2026, compared with MAD 169 million a year earlier, an increase of 1.7 percent. Equity stood at MAD 5.218 billion at June 30, 2026, down 4.2 percent from MAD 5.449 billion at December 31, 2025, according to Le Nouvelliste Maroc.
Merger context limits comparisons
The first-half indicators covered Sanlam Maroc before the fusion completed on July 2, 2026. That scope means the revenue and earnings figures describe the pre-fusion entity rather than the full perimeter of the combined business, a distinction that will matter in later comparisons.
The results were approved by Sanlam Maroc's board at a meeting held on September 23, 2026, as reported by Le Nouvelliste Maroc. For investors, the central question is whether the stronger life business can translate into faster earnings growth after the new structure is reflected in the accounts.
Market value remains substantial
Sanlam Maroc's market capitalization was MAD 15.9 billion on October 2, 2026. Against that valuation, the first-half revenue increase of 19.6 percent contrasts with net income growth of 1.7 percent, leaving profitability as the key measure for the next reported period.
The October 7 share-price move was recorded at MAD 2,955.00, with a 2.60 percent daily gain and one share traded. The limited volume makes the session's percentage change less informative than the company's revenue, earnings and post-fusion reporting scope.
Sanlam Maroc stock details
Sanlam Maroc stock details
- Company: Sanlam Maroc
- Ticker: SAH
- Trading venue: Casablanca Stock Exchange
- Price (as of October 7, 2026): Closing price MAD 2,955.00
- Market capitalization: MAD 15.9 billion (as of October 2, 2026)
- Sector / Industry: Insurance / Multi-line Insurance
