Maroc Telecom Reports Marginal Revenue Growth in Q1 2025
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3 Articles
Maroc Telecom Reports Marginal Revenue Growth in Q1 2025
Maroc Telecom Group reported consolidated first-quarter 2025 revenues of MAD 8.9 billion (approximately USD 890 million), reflecting a marginal 0.1% increase over last year, assuming constant exchange rates, according to the company’s financial report released Friday. Robust growth from the company’s African subsidiaries helped offset a continued revenue dip in the Moroccan domestic market. The company’s international operations, led by subsidia…
Maroc Telecom reports 5.9% drop in profit Q1 2025 amid revenue challenges in Morocco
Maroc Telecom, Morocco’s leading telecommunications provider, reported a 5.9% decline in first-quarter profit for 2025, with shareholders amounting to 1.43 billion dirhams ($154 million) for the January-March period. The company, listed on both the Casablanca Stock Exchange and Euronext Paris, attributed the profit drop to a 2% year-on-year decrease in consolidated revenue, which fell to 8.8 billion dirhams. This downturn was primarily driven by…
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