Sonasid stock, steel

Sonasid stock was last at MAD 1,700 while H1 profit rose 72 percent

Published on 10/08/2026 at 02:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sonasid's H1 2026 net profit reached MAD 167 million, up 72 percent from MAD 97 million. Sonasid stock's 52-week range was MAD 1,680 to MAD 2,600.

Sonasid stock, steel, Basic Materials, first-half profit, Casablanca Stock Exchange, Illustration mit AI erstellt.
Sonasid stock, steel, Basic Materials, first-half profit, Casablanca Stock Exchange, Illustration mit AI erstellt.

Sonasid stock was last at MAD 1,700 on the Casablanca Stock Exchange on October 7, 2026 at 5:10 p.m. Casablanca time, with a daily change of -0.12 percent. The Moroccan steelmaker's first-half 2026 net profit reached MAD 167 million, up 72 percent from MAD 97 million a year earlier, according to AlphaBourse on September 18, 2026.

Profit rises while revenue stays flat

Sonasid reported consolidated revenue of MAD 3.05 billion for the first half of 2026, compared with MAD 3.05 billion in the year-earlier period. The contrast with the 72 percent increase in net profit points to improved profitability rather than top-line expansion.

Consolidated EBITDA reached MAD 329 million, up 30 percent year over year, while first-half investment totaled MAD 149 million, an increase of 48 percent. Sonasid planned MAD 514 million of investment for 2026, including MAD 333 million for strategic projects, according to AlphaBourse on September 18, 2026.

Stock remains below yearly high

The October 7 session showed a high of MAD 1,746, a low of MAD 1,700 and volume of 1,300 shares. Sonasid's 52-week range was MAD 1,680 to MAD 2,600, placing the last price MAD 900 below the yearly high.

Market capitalization stood at MAD 6.83 billion on October 6, 2026. Investing.com listed one covering analyst with a Sell rating and an average 12-month price target of MAD 1,732, which was 1.88 percent above the MAD 1,700 price.

Next earnings date is December 2

Sonasid stock was last at MAD 1,700 on October 7, 2026, leaving the market focused on whether stronger margins can offset flat revenue. Investing.com listed December 2, 2026 as the company's next earnings date.

Sonasid stock key facts

  • Company: Sonasid S.A.
  • Ticker: SID
  • Trading venue: Casablanca Stock Exchange
  • Price as of October 7, 2026 at 5:10 p.m. Casablanca time: MAD 1,700
  • Market capitalization: MAD 6.83 billion as of October 6, 2026
  • 52-week range: MAD 1,680-MAD 2,600
  • Sector / Industry: Basic Materials / Metals and Mining

Upcoming dates for Sonasid stock

  • December 2, 2026: Next earnings report

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