As part of its ongoing sustainability push, Ciments du Maroc is preparing to take a major step forward with the upcoming launch of two new solar energy parks in Aït Baha and Safi. These facilities, expected to go online in the coming months, represent a key component of the company’s broader strategy to cut carbon emissions and expand its use of renewable energy sources.
This isn’t Ciments du Maroc’s first foray into solar power. Back in 2014, the company broke new ground by installing a cutting-edge thermo-solar plant at its Aït Baha cement facility. That site used concentrated solar power (CSP) technology to generate electricity—marking a bold experiment in integrating renewables into the cement manufacturing process. The project proved it was possible to blend industrial production with clean energy solutions.
While advancing its environmental commitments, the company also posted solid financial results for 2024. Operating revenue reached 4.36 billion dirhams, a modest 1.4 percent increase over the previous year. However, net income came in at 935 million dirhams, down 6 percent year-over-year. The decline was largely attributed to one-off expenses, including a tax-related charge.
Despite the drop in net profit, the company’s board plans to propose a dividend payout of 60 dirhams per share at the upcoming general meeting. The move underlines Ciments du Maroc’s continued financial resilience and its commitment to delivering value to shareholders.
By investing in green infrastructure while maintaining steady financial performance, Ciments du Maroc continues to position itself as a responsible leader in Morocco’s cement industry—proving that economic growth and environmental stewardship can go hand in hand.
