Sonasid H1 2025: Profits Soar +359% on Strong Construction Demand

Sonasid delivered a stellar first half of 2025, with revenues up +25% to MAD 3.05 billion, fueled by Morocco’s booming construction and public works sector. EBITDA doubled to MAD 252 million, while net profit surged +359% to MAD 97 million.

The company invested MAD 100 million in productivity and competitiveness under its Act for Impact strategy, with gains driven by higher production, cost reductions, and recycling initiatives. Despite strong results, cash levels fell 53% since end-2024, reflecting higher working-capital needs and capex.

With infrastructure spending linked to CAN 2025 and World Cup 2030, Sonasid is well-positioned to benefit. CasaNext expects the stock to attract sustained investor interest as the group consolidates its industrial resilience and growth strategy