At a glance
CMGP Group installs irrigation systems, sells farm inputs (fertilisers, plastic films, crop protection) and carries out water supply projects for agriculture.
History
CMGP Group was founded in 1995. A specialist in irrigation and farm water management, it serves farms in Morocco and exports its expertise to Africa. It has been listed on the Casablanca Stock Exchange since 2024.
Latest published results
In the first half of 2026, consolidated revenue rose 41.7% to MAD 1.59 billion, 8.7% like-for-like, helped by acquired companies. EBITDA increased 50.8% to MAD 269 million and net income attributable to the group reached MAD 130 million, versus MAD 97 million.
What to watch
Net debt, now MAD 1.08 billion, and planned acquisitions in agriculture, water and energy.
Key dates
- 1995
Company founded.
- 2024
Listing on the Casablanca Stock Exchange.
- 2026
Sodipire integrated in March; irrigation projects in the Saïss plain and Khémisset.
Sources: Boursenews, CMGP Group : résultats du premier semestre 2026, September 29, 2026; African Markets, fiche société CMGP Group, October 29, 2026.
Profile updated on October 29, 2026.