Business
Societe d'Exploitation des Ports : Q2 Financial Communication
Societe d'Exploitation des Ports : Q2 Financial
About this update from Marsa Maroc Sa
FINANCIAL COMMUNICATION SECOND QUARTER 2025 INDICATORS 8% increase in traffic handled by the Marsa Maroc Group as of June 30th, 2025, to 33.6 million tons, driven by growth in all segments of traffic. Significant 14,5% increase in consolidated revenue to MAD 2,842 million, thanks to higher activity and the development of other logistics services. Strengthening of the Towing Business Unit's activity through the award to the "Boluda Towage France SAS - Marsa Maroc" consortium, in March 2025, of a 20-year License to Operate Towing and Assistance Activities at the Port of Nador West Med. Commitment to a 4 billion MAD investment plan for the ports of Casablanca and Jorf Lasfar over the next five years, focused on modernizing and expanding infrastructure and strengthening the equipment assets of these two ports. TRAFFIC VOLUME 33.6 MILLION TONS TOTAL TRAFFIC FOR H1 +8% 1,505,970 TEUs (*) TOTAL CONTAINERS TRAFFIC (+6%) 17.7 MILLION TONS TOTAL TRAFFIC FOR Q2 +9% 5.6 MILLION TONS LIQUID BULK TRAFFIC (+8%) 72.7 THOUSAND UNITS NEW VEHICLES TRAFFIC (+51%) TRANSHIPMENT TRAFFIC: 854,831 TEUs (+4%) DOMESTIC TRAFFIC : 651,139 TEUs (+8%) 11.4 MILLION TONS SOLID BULK AND GENERAL CARGO (+5%) 14 THOUSAND UNITS IRT TRAFFIC (+27 %) *TWENTY-FOOT EQUIVALENT UNIT Container traffic increased by 4% for transhipment traffic, reaching 854,831 TEUs at the end of the first six months of 2025, and by 8% for the domestic segment, to 651,139 TEUs. Bulk traffic recorded an increase driven jointly by growth in liquid bulk (+8%), solid bulk and general cargo (+5%). New vehicles traffic registered a 51% increase following the rise in imports (+19%) and the processing of new car transhipment traffic (15,264 units). SCOPE OF CONSOLIDATION There were no changes in the Marsa Maroc Group's scope of consolidation during the second quarter of 2025. FINANCIAL INDICATORS (*) CONSOLIDATED REVENUE MAD MILLION CONSOLIDATED CAPEX MAD MILLION CONSOLIDATED NET DEBT MAD MILLION 1,342 1,586 2,482 2,842 1,293 +18% +14,5% 164 +688% Q2 2024 Q2 2025* H1 2024 H1 2025* H1 2024 H1 2025* H2 2024 +38% H1 2025* -492 -792 Marsa Maroc invested MAD 1,293 million in the first half of 2025, mainly for the construction of superstructures and the acquisition of equipment for the container operations of the two new terminals at the port of Nador West Med. Marsa Maroc's net debt amounted to MAD -492 million as of June 30th, 202...