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Maghreb Oxygène H1 2026 Net Profit Falls 6.5% While Revenue Rises
Maghreb Oxygène reported a consolidated net profit of 8.7 million MAD in H1 2026, down 6.5% from the prior year, even as its revenue rose 8.5% to 167.6 million MAD and operating profit improved to 8.6 million MAD. The statutory results showed a similar pattern, with sales up 6.6% but operating and net profits slipping. The company remains confident in its strategy and expects a sustained improvement in performance.
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Maghreb Oxygène H1 2026 Results: Net Profit Falls 6.5% While Revenue Rises
Maghreb Oxygène reported a consolidated net profit of 8.7 million MAD for the first half of 2026, marking a 6.5% decline from the 9.3 million MAD recorded in the same period last year. The company’s revenue grew by 8.5% to 167.6 million MAD, up from 154.5 million MAD in H1 2025, while its consolidated operating result improved to 8.6 million MAD from 4.9 million MAD a year earlier.
In the statutory accounts, sales reached 167.5 million MAD, a 6.6% increase driven mainly by higher sales of installations and equipment. However, the operating profit fell to 3.1 million MAD from 3.4 million MAD, reflecting a less favorable product mix. The statutory net profit also decreased, moving from 7.5 million MAD to 6.8 million MAD.
Maghreb Oxygène affirmed that it continues to execute its strategic plan and expressed confidence that its operational and financial performance will improve sustainably. The company remains focused on leveraging its market position in the Maghreb region and expanding its service offerings.