Casablanca Stock Exchange, Food processing

Lesieur Cristal

Morocco’s leading table oil producer, also in soap, Tunisia and Senegal.

At a glance

Lesieur Cristal produces table oils (Lesieur, Cristal, Huilor), olive oil, condiments and soaps. It is controlled by the French agri-food group Avril and has subsidiaries in Tunisia and Senegal.

History

In 2011 SNI decided to sell control of Lesieur Cristal to the French group Sofiprotéol, now Avril. The sale of 41% of the capital was completed in February 2012. In 2021 Lesieur Cristal took over Avril’s stakes in Cristal Tunisie and Oleosen in Senegal, along with the licence for its brands in Africa.

Latest published results

In the first half of 2026, consolidated revenue fell 8% to MAD 2.6 billion amid slower demand and highly volatile raw material prices. EBITDA rose 7% to MAD 140 million. Net income attributable to the group turned negative at MAD -47 million because of provisions related to the Senegalese subsidiary.

What to watch

The situation of the Senegalese subsidiary, and the recovery in Moroccan sales, up 4% in the second quarter.

Key dates

  1. 2012

    France's Sofiprotéol, now Avril, buys 41% of the capital from SNI.

  2. 2021

    Takes over Avril's stakes in Cristal Tunisie and Oleosen in Senegal.

  3. 2026

    Half-year loss of MAD 47 million, linked to the Senegalese subsidiary.

Sources: Boursenews, Lesieur Cristal : résultat net du premier semestre 2026, September 29, 2026; Bladi.net, Lesieur Cristal racheté par Sofiprotéol, February 13, 2012; Finances News, Lesieur Cristal prend le contrôle des actifs africains du groupe Avril, January 9, 2021.

Profile updated on October 29, 2026.

General information only. Nothing on this site constitutes investment advice or a recommendation to buy or sell.