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Rabat – Ciments du Maroc reported higher revenues and increased investment spending in 2025, supported by sustained activity in the domestic construction market, according to its fourth-quarter financial communication.
The national cement company’s non-consolidated and unaudited revenue reached MAD 4.14 billion ($451.29 million) at the end of December 2025, marking 6.1% increase compared with 2024.
In Q4 alone, revenue stood at MAD 1.13 billion ($123.18 million), slightly above MAD 1.11 billion ($121.00 million) recorded during the same period a year earlier.
Investment outlays rose sharply in the final quarter of the year. Ciments du Maroc reported MAD 195 million ($21.26 million) in investments during the fourth quarter, up 77.3% from MAD 110 million ($11.99 million) in 2024.
Over the full year, investments totaled MAD 273 million ($29.76 million), compared with MAD 180 million ($19.62 million) the previous year. The company said the spending primarily covered recurring investments and projects aimed at improving energy efficiency.
Due to the acquisition of Asment Temara on June 30 of last year, consolidated revenue showed a 9.1% year-on-year increase over the comparable period in 2024.
Additionally, debt stood at MAD 2.63 billion ($286.69 million) at the end of 2025, with the company indicating that most of this debt relates to a bank loan contracted to finance the acquisition of Asment Temara.
Read more: FEC Reports Strong Loan Growth in 2025 as Commitments Reach MAD 3.4 Billion
