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SGTM Reports 7.2% Revenue Decline in H1 2026 Despite Maintaining MAD 34.8 Billion Order Backlog
Moroccan construction giant SGTM posted consolidated revenues of MAD 6.6 billion in the first half of 2026, marking a 7.2% year-on-year decline. The company attributes this temporary slowdown to the natural project lifecycle, as major infrastructure deliveries from 2025 transition into the startup p...

TGCC Reports Mixed H1 2026: Revenue Dips 5.3% While Order Backlog Surges to 28.4 Billion Dirhams
Moroccan construction giant TGCC closed the first half of 2026 with a record order backlog of 28.4 billion dirhams, representing a substantial 9.3 bil...

Morocco’s Industrial Output Picks Up in June – Capacity Utilisation Reaches 78%
The June 2026 industrial survey by Bank Al‑Maghrib shows a noticeable rebound in Moroccan manufacturing, with overall production and sales rising and ...
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HPS Gains Buy Recommendation from CFG Bank on Record Backlog and SaaS Growth
CFG Bank has upgraded its stance on Moroccan payments specialist HPS, issuing a buy rating based on a record‑size backlog, a fast‑moving shift to SaaS...

Jet Contractors Reports 5.1% Revenue Rise in Q1 2026, Backlog Hits 13bn Dirhams
Jet Contractors announced a 5.1 % increase in first‑quarter 2026 revenue, reaching DH 771.92 million. The company’s order backlog now stands at roughl...
