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Cosumar Reports 2.4% Revenue Growth in 2025, Boosted by Record Sugar Production
Cosumar announced a consolidated turnover of 10.487 billion DH at the end of 2025, up 2.4 % year‑on‑year, driven mainly by higher export volumes linked to a 47 % jump in domestic white‑sugar output. The group also reduced its net debt to 206 billion DH and invested 245 billion DH in plant upgrades, including the newly‑commissioned refinery in Sidi Bennour, which underpins its export resilience despite a tough international market. Looking ahead, the 2025‑26 sowing programme shows strong momentum, with improved rainfall and higher reservoir levels promising to sustain the upward trend in Moroccan sugar production. Cosumar also disclosed plans for a decarbonisation and by‑product valorisation project at its Casablanca refinery, signalling a broader diversification strategy.
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Key Financial Highlights for 2025
Revenue: Consolidated turnover reached 10.487 billion DH by 31 December 2025, up 2.4 % YoY.
Export Performance: Export volumes rose sharply thanks to a 47 % increase in domestic white‑sugar production, reaching 280 kilotonnes (Kt) versus 191 Kt the previous year.
Net Debt: The group’s net indebtedness fell to 206 billion DH, showing a visible improvement over the prior period.
Investment: Capital expenditure totaled 245 billion DH, focused on the development and maintenance of the industrial base, notably the new refinery in Sidi Bennour.
Operational Overview
The 2025 harvesting campaign was carried out under generally satisfactory operational conditions despite a year marked by low rainfall. Strong collaboration with agricultural partners and on‑ground commitment from Cosumar teams enabled the successful harvest.
White‑sugar output jumped to 280 Kt, a +47 % increase over the previous campaign, reflecting continuous improvements in crop monitoring, agronomic support and water‑resource management.
The expanded refining capacity at Sidi Bennour bolstered export activity, confirming the group’s industrial flexibility and resilience, and helping maintain its position as a global leader in refined white sugar.
Social Commitment
Following floods in the Gharb and Loukkos regions, Cosumar expressed solidarity with the affected communities and reaffirmed its support for the local ecosystem. Agricultural advisors are working closely with farmers to provide lasting technical and agronomic assistance. The company confirmed that its industrial sites in the impacted zones remained operational and unharmed.
Future Outlook – 2025/26 Campaign
The sowing programme for the 2025‑26 season (September‑December) shows strong momentum compared with the 2024‑25 campaign, despite an initial lack of rain. Recent nationwide rainfall improves reservoir levels, offering a positive signal for the current and upcoming campaigns.
The newly‑operational refinery in Sidi Bennour and the expected rise in local production position Cosumar to capture additional opportunities in the international market and increase export volumes.
In line with its diversification strategy, Cosumar will soon launch an innovative decarbonisation and by‑product valorisation project at its Casablanca refinery.