Maroc Telecom Kicks Off 2026 with Robust Financial Results
Maroc Telecom has commenced the year 2026 on a highly positive note, showcasing impressive operational and financial metrics that reflect a general upward trend. The company reported a consolidated revenue of 9.327 billion dirhams, marking a 5.0% increase compared to the previous year. This growth can be attributed to the significant contributions from its subsidiaries, particularly Moov Africa, which saw an 8.5% rise, alongside the resilience of the Moroccan market, which experienced a modest 0.7% increase.
In Morocco, the surge in mobile and fixed data traffic, driven by the expansion of the fiber-to-the-home (FTTH) network, effectively counterbalanced declines in voice services and ADSL revenues. Furthermore, in its subsidiaries, the growth in the number of users and revenue from mobile data, fixed data, and mobile money services has offset the downturn in voice and international incoming revenues. The operational result before depreciation and amortization (EBITDA) reached 4.660 billion dirhams, representing a 6.1% increase, with a high margin of 50%, indicating effective cost management. The operational result also saw a 4.1% rise, reaching 2.748 billion dirhams.
However, the net profit attributable to the group decreased by 3.4% to 1.3 billion dirhams, primarily impacted by social solidarity contributions. Excluding this effect, the net profit actually experienced a 3.3% growth. The group has ramped up its investments significantly, with capital expenditures (CAPEX) soaring by 50.5%, primarily focused on enhancing its ultra-high-speed network. This investment strategy aligns with a notable improvement in operational cash flows, which increased by 13.8%.
With more than 76 million customers as of the end of March 2026, Maroc Telecom continues to affirm the robustness of its business model and its ability to sustain growth in an evolving environment.
As reported by fr.le360.ma.
