Big construction and mining projects in Morocco are helping a French explosives company get off to a strong start this year. EPC Groupe said its business reached €152.9m in the first three months of 2026, up 9.4% from a year earlier. When exchange rates are stripped out, growth was just over 10%, faster than the rise seen in 2025.
Morocco was one of the standout markets. Even though activity slowed during Ramadan in March, the country still posted strong gains. Sales of explosives rose by just over 20%, while drilling and blasting work jumped by more than 40%.
Across Europe, the Mediterranean and the Americas, business totalled €113.6m, up 11.3%. Some European countries were held back by bad weather, but Morocco’s large construction projects helped balance things out. The company pointed to work linked to the Dakhla port, new quarry contracts signed late last year and steady export activity.
Group-wide, explosives and drilling grew by 7.4%. Weaker results in Saudi Arabia and France were offset by stronger performance in the Americas and several African countries including Senegal, Gabon and Burkina Faso.
Other parts of the business also expanded. Demolition and recycling work rose 5.5%. Technical services, including software and measurement tools, grew by 14.1%.
The Africa, Asia and Pacific region returned to growth after a tougher 2025, reaching €39.4m in activity. Revenue under international accounting rules came in at €140.6m, up 12.2%.
Morocco continues to stand out thanks to infrastructure projects, quarry work and exports.
