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TotalEnergies Morocco Reports 9.7% Revenue Drop in 2025 Amid Stable Fuel Sales

TotalEnergies Marketing Morocco disclosed its 2025 results on 31 December, showing a 9.7% fall in consolidated revenue despite a modest 1.3% growth in total fuel sales to 1.795 million tonnes. Net financial debt improved to a negative MAD 408.3 million, and the company added six new service stations, bringing its network to 385 locations, including 114 solar‑powered sites. The firm cautioned that revenue alone is not a reliable performance indicator for the oil sector because of volatile international oil prices.

February 27th, 2026
1 min read
By boursenews.ma

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Key Performance Figures for 2025

Total fuel sales: 1.795 million tonnes, up 1.3 % year‑on‑year, driven by favourable market conditions.

Fourth‑quarter (Q4) 2025 sales: 452 kt, compared with 446 kt in Q4 2024.

Consolidated revenue: MAD 15,126.704 million as of 31 December 2025, down from MAD 16,751.842 million a year earlier (‑9.7 %).

Q4 2025 revenue: MAD 3,772.722 million versus MAD 4,021.621 million in Q4 2024.

Net financial debt: –MAD 408.322 million at year‑end 2025, an improvement from –MAD 546.368 million in 2024.

Network expansion: Six new service stations were opened in 2025, taking the total to 385 stations, of which 114 are solar‑powered.

The company emphasises that revenue alone is not a reliable performance indicator for the oil sector, as it is heavily influenced by fluctuations in international oil product prices.

  • “TotalEnergies: Revenue down 10.8 % at end‑September 2025” (28 Nov 2025)
  • “TotalEnergies Morocco: Exceptional dividend for shareholders” (10 Oct 2025)
  • “TotalEnergies Morocco: First‑half profit down 20 %” (30 Sep 2025)
  • “TotalEnergies Marketing Morocco: Consolidated revenue fell 10.8 % in H1 2025” (29 Aug 2025)

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