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Marsa Maroc Q1 2026 Revenue Jumps 12% as Port Throughput Rises to 16.3 Mt
Marsa Maroc posted a 12.1% increase in consolidated revenue to MAD 1.435 billion for the quarter ending 31 March 2026, driven by higher cargo volumes and better logistics margins. Total handled traffic rose 4% to 16.3 million tonnes, with container, bulk solid, and liquid flows all posting solid gains. The group kept its existing consolidation scope, invested MAD 2.489 billion mainly in new terminal infrastructure at Nador West Med, and maintained a negative net debt position of MAD ‑945 million, underscoring a robust financial profile.
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Quarterly Performance Overview
Revenue: Consolidated turnover rose 12.1 % to MAD 1.435 million as of 31 March 2026, reflecting strong activity in the port and logistics divisions.
Handled Traffic: Total cargo handled increased by 4 % to 16.3 million tonnes during Q1 2026.
Container Traffic Breakdown
- Import‑export flows grew 13 % to 319,311 EVP, driven by robust foreign trade.
- Transshipment volumes fell 8 %, mainly because of a slowdown at the Casablanca terminal.
Bulk and Miscellaneous Cargo
- Solid bulk up 6 %, with domestic shipments taking a larger share of the port’s activity.
- Liquid bulk up 13 %.
- Road freight increased 17 % and new vehicle imports rose 11 %, supported by cereal and livestock feed imports.
Financial Highlights
The group’s consolidation scope remained unchanged in Q1 2026.
Investments amounted to MAD 2.489 million, primarily allocated to expanding infrastructure and acquiring equipment for the new Nador West Med terminals.
Net debt stayed negative at MAD ‑945 million (MAD 2.554 million cash vs. MAD 1.609 million financing debt), confirming the ability to fund the development plan without compromising financial balance.
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