SNEP reduced first-half loss and SNEP stock stood at MAD 294.95

Published on 10/14/2026 at 06:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SNEP revenue rose 5.40 percent in the first half of 2026. For SNEP stock, net loss was MAD 53.60 million versus MAD 108.60 million.

Operational recovery and market context

SNEP reported a MAD 53.60 million net loss for the first half of 2026 on September 25, 2026.
First-half revenue reached MAD 379.30 million, up 5.40 percent from the prior-year period.
SNEP stock stood at MAD 294.95 on the Casablanca Stock Exchange on October 13, 2026.

SNP, MA0000011728, Illustration mit AI erstellt.

SNEP (MA0000011728) reported a net loss of MAD 53.60 million for the first half of 2026, while its stock stood at MAD 294.95 on the Casablanca Stock Exchange on October 13, 2026. According to Le Journal d Annonces Legales du Maroc on September 25, 2026, the company reduced its loss from MAD 108.60 million in the first half of 2025.

First-half revenue reaches MAD 379.30 million

SNEP generated revenue of MAD 379.30 million in the first half of 2026, up 5.40 percent from MAD 359.80 million in the first half of 2025. The increase was attributed to higher sales volumes and better industrial performance, although demand in the PVC market remained limited.

The operating recovery was visible in several lines. Value added rose to MAD 52.90 million from negative MAD 13.10 million, while gross operating surplus returned to MAD 4.30 million from negative MAD 57.30 million in the prior-year period.

What does the recovery mean for margins?

The figures point to operational improvement, but profitability remains negative. The operating result improved to a loss of MAD 32.50 million from a loss of MAD 93.80 million in the first half of 2025, while the consolidated net loss was MAD 50.00 million.

SNEP produces PVC, compound PVC and electrolysis products including caustic soda, chlorine and hydrochloric acid. The company says its improvement plan targets industrial efficiency, cost control and commercial performance during the second half of 2026.

Casablanca price adds a market test

SNEP stock reached MAD 294.95 on the Casablanca Stock Exchange on October 13, 2026, according to the market figure published for that session. That price provides a dated market reference alongside the first-half recovery, but the remaining net loss keeps the operating turnaround central to the investment case.

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