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AGMA H1 2026 Results: Net Profit Climbs to MAD 39M as Revenue Surges Nearly 5%
AGMA posted modest H1 2026 growth, with group net profit rising 1.7% to MAD 39.1M and consolidated revenue jumping 4.9% to MAD 100.8M. However, EBITDA and operating profit edged lower, while the company disclosed an ongoing tax audit covering 2022-2025.
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AGMA Reports H1 2026 Growth with Net Profit Reaching MAD 39.1 Million
AGMA delivered a mixed first-half performance in 2026. Group net profit rose 1.7% to MAD 39.1M, while consolidated revenue increased 4.9% to MAD 100.8M, driven by new business wins and portfolio consolidation.
Operational Indicators Soft
Despite top-line strength, profitability narrowed slightly. EBITDA declined 0.8% to MAD 53.7M and core operating profit fell 1.7% to MAD 51.1M.
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At the standalone level, revenue grew 4.8% to MAD 100.2M and net profit climbed 7.5% to MAD 43.1M, outpacing group results.
Regulatory & Compliance Updates
- Tax audit notice received June 2, 2026 covering corporate, income and VAT taxes for 2022-2025; status ongoing.
- ISO 9001:2015 surveillance audit completed June 26, 2026 with no non-conformities.