Marsa Maroc reported a robust consolidated revenue of over 2.48 billion dirhams (MMDH) for the first half of 2024, marking a 17% increase compared to the same period last year. This growth was driven by a significant rise in the volumes handled by the group, according to a statement from Marsa Maroc.
During the first six months of the year, consolidated traffic increased by 14.5%, reaching 31.3 million tonnes (MT). Container traffic continued its steady growth, reaching 1,425,147 TEUs (Twenty-Foot Equivalent Units). This was fueled by a 22% surge in transshipment activity, which rose to 822,375 TEUs, along with a strong recovery in domestic traffic, which increased by 11% to 602,772 TEUs.
The traffic of solid and various bulk cargo saw a notable increase of 14% as of June 30, 2024, largely due to a significant rise in grain imports, which grew by 614,000 tonnes compared to the end of June 2023. Liquid bulk traffic also grew by 12%, reaching 5.2 MT in H1 2024, driven by increased hydrocarbon imports.
Marsa Maroc invested 164 million dirhams (MDH) in the first half of 2024 as part of its equipment renewal program.
The group’s net debt decreased to -647 MDH, thanks to a reduction in financing debts to 1.98 MMDH, while cash reserves increased to over 2.62 MMDH.
