CMGP Group stock reports 41.7 percent revenue growth

Published on 09/24/2026 at 17:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CMGP Group stock stood at MAD 295.00 on September 23, 2026, after a 1.6 percent daily decline. First-half revenue reached MAD 1.588 billion.

CMG, MA0000012718, Illustration mit AI erstellt.

CMGP Group stock stood at MAD 295.00 on the Casablanca Stock Exchange on September 23, 2026, down 1.6 percent on the session. The company had reported first-half 2026 consolidated revenue of MAD 1.588 billion, giving investors a clear operating figure alongside the market move.

Revenue accelerates in 2026

According to Medias24 on August 28, 2026, first-half revenue rose 41.7 percent from MAD 1.121 billion in the first half of 2025 to MAD 1.588 billion in the first half of 2026. The comparison shows that the headline growth was not limited to a single reporting month.

Second-quarter consolidated revenue reached MAD 879 million, compared with MAD 579 million in Q2 2025, a year-over-year increase of 51.7 percent. Agriculture generated MAD 1.467 billion in the first half, up 36.9 percent, while non-agricultural activities contributed MAD 122 million, up from MAD 49 million.

Investment raises the capital demand

The revenue expansion came with a heavier investment cycle. CMGP invested MAD 73 million in the first half of 2026, compared with MAD 22 million in the same period of 2025, according to MCG24.

Net debt stood at MAD 1.075 billion at June 30, 2026, versus MAD 949 million at the end of 2025. That increase gives the revenue comparison a second dimension: sales expanded by 41.7 percent, while financing needs also moved higher as the group integrated new entities and expanded industrial and logistics capacity.

Stock trades below September peak

For investors, the key tension is visible in the combination of operating growth and balance-sheet investment. The September 23 price of MAD 295.00 and the 1.6 percent daily decline contrast with the 51.7 percent second-quarter revenue increase, leaving the latest market session weaker than the operating trend.

CMGP Group's first-half figures therefore place revenue growth, capital spending and net debt in the same frame. The next market signal will depend on whether the company converts the enlarged operating base into sustained cash generation.