Moroccan healthcare group Akdital reported a consolidated net result of 252 million dirhams (MDH) for the first half of 2026, representing a 20% increase compared to the same period last year. This growth was driven by a 21% rise in consolidated revenue to 2.532 MDH. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a 19% increase to 634 MDH.
Akdital's net margin remained stable at 10%, with the group's share of net result amounting to 225 MDH. The company's investments consolidated during the period reached 875 MDH, primarily focused on equipping newly opened establishments in Morocco, maintaining the existing network, and advancing projects in the United Arab Emirates and Saudi Arabia.
A significant portion of investments, 477 MDH or approximately 55% of the total, was allocated to projects in the United Arab Emirates and Saudi Arabia. These investments are expected to contribute to the creation of value starting from the second half of 2026. Akdital's net debt consolidated as of June 30, 2026, stood at 4.858 MDH, marking a 14% increase compared to the end of December 2025.
During the second quarter, Akdital successfully issued a 300 MDH bond through a private placement, bringing the total bond issuance to 1.500 MDH. These funds are primarily aimed at supporting the company's international development efforts. The group's revenue growth in the first half of 2026 was a notable highlight, with a 21% increase to 2.532 MDH compared to the same period in 2025.
Akdital's expansion plans include the recent acquisition of Al Bishri hospital in Mecca, Saudi Arabia. The company is also focused on enhancing its service offerings through initiatives such as the launch of its own training academy. These strategic moves are part of Akdital's broader efforts to strengthen its position in the healthcare sector.
The company's progress in its international projects is being closely watched, with expectations that these will start contributing significantly to its financial performance in the near term. Akdital's management is focused on leveraging these investments to drive further growth and expansion.
With its financial performance showing significant improvement, Akdital is well-positioned to capitalize on emerging opportunities in the healthcare sector. The company's commitment to expanding its service offerings and investing in new projects is expected to drive continued growth and value creation for its stakeholders.
Key points
- Akdital's consolidated net result increased by 20% to 252 MDH in the first half of 2026.
- The company's consolidated revenue rose by 21% to 2.532 MDH during the same period.
- Akdital's investments in international projects, particularly in the UAE and Saudi Arabia, reached 477 MDH.
