FINANCIAL COMMUNICATION
THIRD QUARTER 2024 INDICATORS
13% increase in traffic handled by Marsa Maroc Group to 46.9 million tons at September 30th, 2024, supported by the growth of all traffic components.
Consolidated revenue up by 15% to MAD 3,717 million for the first nine months of 2024.
Signing of a joint venture agreement with CMA CGM, a global leader in sea, land, air, and logistics solutions, to equip and operate, a container terminal within the port of Nador West Med. The CMA CGM Group and Marsa Maroc will make major investments totaling $280 million, with the aim of achieving an annual terminal output of 1.2 million TEUs.
- TRAFIC INDICATORS
46,9MILLION TONS | 15,8MILLION TONS | 8,1MILLION TONS |
TOTAL TRAFIC as at september 30th, 2024 | TRAFIC FOR Q3 | LIQUID BULK TRAFFIC (+11 %) |
+13 % | +11 % | |
2 110 686 TEUs(*) | 70,8 THOUSAND UNITS | |
TOTAL CONTAINERS TRAFFIC (+13 %) | ||
NEW VEHICLES TRAFFIC (-3 %) | ||
TRANSHIPMENT TRAFFIC : 1 208 642 TEUs (+14 %) | ||
DOMESTIC TRAFFIC : 902 044 TEUs (+12 %) | ||
16,4MILLION TONS | 18 THOUSAND UNITS | |
SOLID BULK AND GENERAL CARGO (+13 %) | IRT TRAFFIC (+5 %) | |
*TWENTY-FOOT EQUIVALENT UNIT | ||
The upward trend in container traffic continued to September 30th, 2024, boosted both by the dynamism of the transhipment segment, which reached 1,208,642 TEUs, (+14%)%, and by the growth in domestic traffic (902,044 TEUs +12%).
Solid and general bulk traffic reached 16.4 million tons, a net increase of 13%, due in particular to growth in cereal and sulfur imports. Liquid bulk traffic maintained its 11% growth to September 30th, 2024.
- SCOPE OF CONSOLIDATION
Marsa Maroc Group's scope of consolidation changed in the third quarter of 2024, with the increase in SMA's ownership from
51% to 100%.
- FINANCIAL INDICATORS *
CONSOLIDATED REVENUE | CONSOLIDATED CAPEX | CONSOLIDATED NET DEBT | |
MAD MILLION | 3 717 | MAD MILLION | MAD MILLION |
1 235 | 3 230 | 392 | 500 | ||||
1 112 | |||||||
203 | -390 | ||||||
+11% | +15% | +93% | -178 % | ||||
Q3 2023 | Q3 2024* | 9M 2023 | 9M 2024 | 9M 2023 | 9M 2024 | 9M 2023 | 9M 2024* |
Marsa Maroc Group has invested MAD 392 million at September 30th, 2024 as part of its program to renew its equipment and modernize its infrastructure.
Marsa Maroc's net debt stood at -390 million dirhams at September 30th, 2024. It comprised MAD 1,970 million in financing debt and MAD 2,360 million in cash availability.
* 2024 FIGURES NOT AUDITED AT DATE OF PUBLICATION
Marsa Maroc | ||
Head office : Angle Bd Route d'El Jadida et Rue des Papillons - Casablanca | Financial communication contact : | Follow us |
Phone. : 05 22 23 23 24 | Email : investisseurs@marsamaroc.co.ma | |
Website : www.marsamaroc.co.ma | Phone : 05 22 77 67 84 / 94 | |