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Cartier Saada Reports 7% Decline in Full-Year Revenue Amid Rising Competition and Logistical Strains
Cartier Saada's 2025/2026 fiscal year ended with a 7% decline in total revenue, driven by a sharp 25.5% drop in Q4 sales. The slump was mainly caused by a 29% fall in export revenues, logistical disruptions at Casablanca port, adverse weather and a steep correction in global olive‑oil prices amid a bumper harvest and heightened competition. The company recorded a net loss for the quarter ending 31 March 2026 and invested 0.5 million DH in equipment upgrades. While upcoming agricultural conditions appear more favorable, management remains cautious given ongoing economic, logistical and geopolitical uncertainties.
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Cartier Saada closed its 2025/2026 fiscal year under challenging export conditions. The group released quarterly figures that reveal a pronounced slowdown in the fourth quarter, hit by logistical bottlenecks, unfavourable weather and intensified competition on the world stage.
Financial snapshot
The Q4 revenue (1 Jan – 31 Mar 2026) fell to 67 million DH from 90 million DH a year earlier, a decline of 25.5 %. Export sales were down 29 %, reflecting a mix of adverse external factors.
Despite the steep Q4 dip, total revenue for the full year slipped only 7 % compared with the previous fiscal period.
What drove the drop?
- Severe weather disrupted port operations in Casablanca, causing roughly a month’s worth of sales to be lost.
- The global olive‑oil market saw a price correction, amplified by a bumper olive harvest and stronger competition from other exporters.
- Logistical and geopolitical uncertainties continued to strain supply chains.
Profitability outlook
These headwinds are expected to push the net result into negative territory for the quarter ending 31 March 2026.
Investments
During the quarter, the company allocated 0.5 million DH to upgrade and maintain equipment as part of its continuous improvement program.
Future outlook
Current agricultural conditions appear more favourable, but Cartier Saada remains cautious given lingering economic, logistical and geopolitical risks and an aggressive international competitive environment.