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Alliances Group Boosts Consolidated Revenue by 3% in 2025 Amid Strong Debt Reduction
The Alliances Group delivered a cumulative turnover of MAD 8.416 billion for the 2022‑2025 period, comfortably surpassing its 8 billion MAD target despite a turbulent real‑estate market. Net debt fell by 24 % to MAD 1.303 billion, boosted by a MAD 449 million bond issue that also financed a strategic 97‑hectare land acquisition in Marrakech. Quarterly results show a 3 % rise in consolidated revenue for 2025, stronger pre‑sales and higher cash collections. Key figures include a Q4 2025 revenue of MAD 458 million, an order book of 6,205 units valued at roughly MAD 4.1 billion, and 6,499 units under construction – all pointing to a solid financial footing and continued growth.
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Key Financial Highlights (2022‑2025)
The Alliances Group posted a cumulative turnover of 8.416 billion MAD for the four‑year period, well above the 8 billion MAD target set in its development plan, despite turbulence in the Moroccan real‑estate sector.
2025 Performance
- Consolidated revenue reached 2.432 billion MAD as of 31 Dec 2025, up 3 % from 2.363 billion MAD in 2024.
- If the 2024 accounting rules had remained in force, revenue would have been 2.7 billion MAD, a 14 % year‑on‑year increase.
- Q4 2025 consolidated revenue: 458 million MAD.
- Net debt fell 24 % to 1.303 billion MAD (down from 1.713 billion MAD in 2024), reflecting a 449 million MAD bond issuance used partly to acquire a strategic 97‑hectare plot in Marrakech.
- Order book at year‑end: 6,205 units with a secured value of roughly 4.1 billion MAD.
- Pre‑sales in Q4 2025: 879 million MAD (+35 % vs Q4 2024) covering 845 units.
- Units under construction: 6,499 (up from 5,738 at end‑2024).
- Cash collections reached 1.9 billion MAD, a 17 % increase year‑on‑year.
- The consolidation perimeter remained unchanged during Q4 2025.