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Sonasid Boosts H1 2026 Investments by 48% as Revenue Holds Steady
Moroccan steelmaker Sonasid reported stable consolidated revenue of MAD 3,051 million for the first half of 2026, while investments surged 48% to MAD 149 million. The company's strategic plan 'Act For Impact' is driving major industrial projects, including a new furnace in Nador and steelworks moder...

Casablanca Stock Exchange Slides on July 20, MASI Hits Lowest Level Since April 7
The Casablanca Stock Exchange closed lower on July 20, 2026, with the MASI index dropping 0.22% to 17,539.62 points – its lowest value since early Apr...

Sonasid Q1 2026 Revenue Falls 10% Amid Weather Headwinds, Yet Investment Surge Fuels Growth Outlook
In the first quarter of 2026 Sonasid reported a consolidated turnover of MAD 1.395 billion, down 10 % year‑on‑year, after an unusual rain spell and th...
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Sonasid on the Rise: BKGR Upgrades to Buy as Sidérurgist Eyes 2030 Growth Surge
BMCE Capital Global Research has upgraded Sonasid to a 'Buy' rating, citing a transformative strategic shift that positions the Moroccan sidérurgist f...

Casablanca Stock Market Ends Week Strong with MASI Index Up Nearly 2%
The Casablanca Stock Exchange closed the week ending May 8, 2026, in positive territory, with the MASI index recording a weekly gain of 1.98%. Despite...
Sonasid Unveils 2030 Roadmap, Targets One-Billion-Dirham EBITDA Through Recycling and Auto Diversification
Morocco’s largest steelmaker Sonasid revealed an ambitious 2026-2030 strategic plan that aims to nearly double EBITDA to one billion dirhams by 2030, ...
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Sonasid’s 2025 Net Profit Jumps 93% as Revenue Climbs 16% – 52 DH Dividend Proposed
Sonasid reported a spectacular performance for 2025. Revenue grew by 16% to MAD 6.38 bn, while the net profit attributable to the group surged 93% to ...

Sonasid Posts 16% Revenue Rise in 2025, Boosts Investments Under ‘Act for Impact’
Sonasid confirmed a solid growth trajectory for 2025, reporting a consolidated turnover of MAD 6.4 billion—a 16 % increase over the previous year. The...
