Stocks Market
Disway Reports 14.4% Revenue Growth in H1 2026, Boosted by PC and Imaging Segment
Disway delivered a consolidated turnover of MAD 1.089 billion in the first half of 2026, marking a 14.4% increase over the same period last year. The growth was driven mainly by the Volume segment – PCs, laptops, printing and imaging – which posted a 16.3% YoY rise, while the Value segment fell 7.4% due to hardware price spikes. Although the Moroccan operations saw a 7% dip, the group remains confident in its regional expansion and resilience amid global geopolitical pressures.
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Key Financial Highlights
Disway posted consolidated revenue of MAD 1.089 billion for the first half of 2026, up 14.4% from MAD 952 million in the same period last year.
In the second quarter alone, the group generated MAD 591 million, a 9.5% increase over Q2 2025.
Segment Performance
- Volume segment (PCs, laptops, printing & imaging): revenue reached MAD 451 million in Q2 2026, up 16.3% YoY, driven by strong commercial activity and large projects in Morocco and abroad.
- Value segment: revenue fell to MAD 118 million, down 7.4% YoY, reflecting project delays and cancellations caused by sharp hardware price hikes.
- Other segments: revenue was MAD 22 million, slightly lower than MAD 25 million a year earlier.
Morocco Operations
Disway Morocco’s H1 revenue stood at MAD 750 million, a 7% decline versus the same period in 2025.
Outlook
Despite ongoing geopolitical tensions and rising memory prices, Disway’s business model remains resilient. Leveraging its market leadership in Morocco, the group continues to expand into West Africa and seeks high‑value growth opportunities.