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CTM Posts Nearly 50% Surge in Consolidated Revenue by September 2025
The CTM Group delivered a strong third‑quarter performance, posting a consolidated turnover of MAD 677 million – a 13 % increase over the same period last year. On a year‑to‑date basis, consolidated revenue jumped to MAD 1 435 million, up 49.6 % versus September 2024. The company also invested MAD 90 billion mainly to refresh its bus fleet, while net debt fell to MAD 329 billion, 14 billion less than a year earlier.
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Quarter‑III Highlights
Consolidated turnover: MAD 677 million, up 13 % YoY.
The increase was driven primarily by stronger performance in the Maritime Transport and Urban Transport divisions.
Year‑to‑Date Performance
By the end of September 2025, CTM’s consolidated revenue reached MAD 1 435 million, compared with MAD 959 million in September 2024 – a rise of 49.6 %.
Capital Expenditure
Investments totaled MAD 90 billion, largely earmarked for the renewal of the bus fleet.
Debt Position
Net debt stood at MAD 329 billion as of 30 September 2025, reflecting a reduction of MAD 14 billion versus the end‑2024 balance.
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