HIBAPRESS
Maroc Telecom achieved a net profit attributable to the Group of 3.86 billion dirhams during the first nine months of 2026, compared to 5.52 billion dirhams in the previous year.
Maroc Telecom explained, in a statement, that this distribution is mainly due to exceptional revenues resulting from the agreement concluded with Wana Corporate last year, noting that the Group's net performance, excluding this non-recurring item, recorded growth of 4.3 percent.
As for the Group's consolidated operating income (EBITA), it reached more than 8.62 billion dirhams. Excluding the exceptional income resulting from the agreement concluded with Wana Corporate in 2025, operating income recorded growth of 6.1 percent, reflecting the robustness of the Group's operational performance.
On another note, operating income before interest and taxes, depreciation, and amortization (EBITDA) surpassed the 14.37 billion dirham mark (an increase of 4.9 percent). The annual operating margin remained at a high level of 50.1 percent, thanks to the growth in consolidated turnover and effective management of operating costs.
Regarding investments, excluding costs related to frequencies and licenses, they represented 20.1 percent of the Group's revenues at the end of September 2026, which is in line with annual expectations.
Adjusted net cash flow from operations (CFFO) reached more than 7.14 billion dirhams, recording an improvement of 9.1 percent compared to the same period in 2025, as a result of the increase in annual operating income before interest and taxes, depreciation, and amortization (EBITDA).
The Group's consolidated net debt at the end of September 2026 was approximately 21.02 billion dirhams, and it remained at a controlled level equivalent to one times annual earnings before interest, taxes, depreciation, and amortization, despite the Group distributing dividends worth 3.5 billion dirhams to all its shareholders during September.
