Home Finance & Business ADM: A revenue surge of 25.6% in 2024!

ADM: A revenue surge of 25.6% in 2024!

Autoroutes Du Maroc (ADM) has concluded the first nine months of 2024 with exceptional financial results, showcasing a strong focus on innovation, sustainable growth, and effective management strategies.

The company’s consolidated revenue stood at 4.166 billion dirhams by the end of September, a 25.6% increase compared to the same period in 2023. This growth is largely attributed to a 7.4% rise in operational income and an extraordinary 128% jump in construction-related revenues. On an individual level, ADM’s standalone revenue reached 3.021 billion dirhams, representing a 6.1% year-on-year increase.

Investments followed the same upward trend, with a total of 1.145 billion dirhams invested by the end of September 2024, compared to 502 million dirhams for the same period the previous year. These funds have been allocated to major infrastructure projects, including the Tit Mellil-Berrechid highway and the expansion of Casablanca’s bypass. ADM’s cumulative net investments, after amortizations, have now reached 70.34 billion dirhams.

In terms of debt, ADM continues to make progress, reducing its consolidated liabilities to 34.048 billion dirhams, a 3% decrease from 2023. Similarly, standalone debt figures also saw a decline, now totaling 36.323 billion dirhams.

The third quarter was also marked by a series of impactful social and communication initiatives aimed at strengthening ties with users and stakeholders. ADM launched the #Twehechnakom campaign, which celebrated Moroccan hospitality and targeted expatriate communities. Additional campaigns, including #Ach_katsennaw? and #Whna_fl’autoroute, promoted the Pass Jawaz electronic toll service and raised awareness about road safety through engaging 3D animations.

ADM further boosted its public engagement with an interactive social media competition, encouraging better driving habits and offering participants the chance to win Pass Jawaz rewards. On the educational front, the company inaugurated a digital classroom in a renovated school in Skhirat province as part of its J-Jeunes espoirs program, underscoring its commitment to education and community development.

Internationally, ADM welcomed a delegation from Niger’s Road Maintenance Fund, sharing expertise in managing and operating national highway networks. This collaboration reflects ADM’s leadership in fostering South-South cooperation and strengthening international partnerships.

ADM’s achievements in 2024 highlight its unwavering dedication to sustainable development and innovative growth, setting a benchmark for the road infrastructure sector.

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