Unimer Group says its sales reached 150 million dirhams in the first three months of 2026, up 14% from the same period last year.
The Casablanca-listed seafood company said the rise was driven by better fish catches, higher sales volumes and improved prices. Growth was seen in its sardine and anchovy businesses.
The company said results in Africa, Europe and the Americas improved as it worked on offering better products and strengthening its sales approach.
Unimer warned that first-quarter figures do not reflect the full year, because fishing activity changes with the seasons and includes planned rest periods.
The better start to 2026 follows a difficult 2025. The company said last year was a transition period, with unstable fish supplies and tighter rules on fishing.
Sales for 2025 fell by 13.3% to 1.09 billion dirhams. Still, Unimer returned to profit, posting 11 million dirhams after a loss the year before, helped by higher prices, cost cuts and a focus on more valuable products.
The group sells a wide range of products. Its Titus brand is popular in West and Central Africa, while Princesse targets higher-end customers in Europe. Other brands such as Madrigal, Leroy and Walima are aimed at different regional tastes.
In premium products, Unimer owns brands like La Monégasque, Vanelli and Belmonte Gourmet, which focus on anchovies and marinated seafood sold in more specialised markets.
The company has also expanded into fish farming in Dakhla Bay, producing oysters, clams and mussels mainly for export.
Unimer also uses fish waste to produce fish meal and fish oil through its industrial division.
Net debt stood at 587 million dirhams at the end of March, down from 706 million dirhams at the end of December, a 17% drop. The company said this was due to lower internal debt and continued cost control.
Investment in the first quarter was 2.3 million dirhams, compared with 10.2 million a year earlier, mainly spent on maintaining and upgrading equipment.
There were no changes to the companies included in its accounts during the period.
