Sonasid, a leading Moroccan industrial group, has announced significant investments and financial growth in the first half of 2026. The company revealed that it had realized 149 MDH in investments during this period, marking a 48% increase compared to the same period in the previous year. This surge in investments is part of Sonasid's ongoing program aimed at enhancing its industrial capacities, improving competitiveness, and supporting operational excellence.

The company's financial performance also showed notable improvements. Sonasid's social revenue reached 3.049 billion MAD, representing a 2% increase compared to the first half of 2025. The second quarter of 2026 saw a 12% growth in revenue compared to the same period in 2025, indicating a recovery in activity after a challenging start to the year due to unfavorable climate conditions.

Sonasid's operational performance demonstrated strong growth, driven by strategic initiatives implemented in recent years. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached 308 MDH, a 32% increase compared to the first half of 2025. The operating result stood at 258 MDH, up 46%, while the net social result reached 176 MDH, a 53% increase.

On a consolidated level, Sonasid's EBITDA reached 329 MDH, a 30% increase. The net result attributable to the group was 167 MDH, marking a significant 72% growth compared to the first half of 2025. These positive financial results reflect the effectiveness of Sonasid's strategic initiatives and its ability to adapt to market conditions.

The investments made during the first half of 2026 focused on key projects, including the acquisition of a new furnace in Nador and the ongoing modernization of the steel plant. These initiatives are expected to contribute to Sonasid's long-term growth and competitiveness in the market.

Looking ahead, Sonasid plans to continue implementing its strategic plan, "Act For Impact," which emphasizes commercial development, industrial competitiveness, and innovation. The company aims to leverage its strong fundamentals, industrial expertise, and investment capacity to support Morocco's construction and infrastructure projects.

For the full year 2026, Sonasid plans to allocate a total investment envelope of 514 MDH, with 333 MDH dedicated to strategic projects. This investment plan is designed to consolidate the company's industrial platform and support its long-term value creation ambitions.

Key points

  • Sonasid's investments in the first half of 2026 reached 149 MDH, a 48% increase compared to the same period in 2025.
  • The company's EBITDA reached 308 MDH, a 32% increase compared to the first half of 2025.
  • Sonasid plans to invest 514 MDH in 2026, with a focus on strategic projects to drive growth and competitiveness.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.