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Aluminium du Maroc's H1 2026 Revenue Slides 8% Amid Global Market Turbulence
Aluminium du Maroc announced a first‑half 2026 turnover of MAD 585.31 million, an 8 % drop compared with the same period last year. The decline is largely driven by weaker export demand and persistently high aluminium prices, while domestic sales remain relatively resilient. The company also cut its investment outlay and reduced net financial debt by 28 % as it tightens cash‑flow management in a volatile global environment.
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Aluminium du Maroc reports 8% drop in H1 2026 revenue
Aluminium du Maroc posted a turnover of MAD 585.31 million for the first half of 2026, down 8% year‑on‑year.
Despite a volatile global commodities market and ongoing geopolitical tensions in the Middle East that continue to strain supply chains, the company kept a tight grip on operations and cash flow, preserving the strength of its balance‑sheet fundamentals.
The decline is mainly driven by slower activity in export markets, where demand remains subdued amid economic uncertainty and persistently high aluminium prices. The domestic market showed overall resilience.
Investments in the first six months amounted to MAD 1.75 million, versus MAD 13.21 million in the same period a year earlier, reflecting a shift in project execution timelines.
Net financial debt fell to MAD 362.12 million, a 28% reduction from the end‑2025 level, largely due to a lower working‑capital requirement tied to raw‑material inventories.
Aluminium du Maroc continues to prioritize strategic development while adopting a prudent approach to capital commitments in a market with limited visibility.
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