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Confidential Source•Sep 7, 2026
Mutandis Navigates Turbulent H1 2026 with Resilient Growth Despite Iran War Pressures
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Moroccan consumer goods group Mutandis delivered 7% revenue growth in H1 2026 to MAD 962 million, accelerating to 20% in Q2, despite margin pressures from Iran war-related commodity inflation. While EBITDA slipped to MAD 153 million from MAD 163 million year-over-year due to an estimated MAD 78 mill...

Mutandis reported a consolidated turnover of MAD 962 million for the first half of 2026, marking a 7 % increase over the same period last year (8 % at...