Casablanca Stock Exchange, Building materials

Holcim Maroc

Morocco’s largest cement maker, formed by the merger of Lafarge Ciments and Holcim Maroc.

At a glance

Holcim Maroc produces and sells cement, ready-mix concrete and aggregates. Its business closely follows construction activity and major infrastructure projects.

History

The company was formed in 2016 by the merger of Lafarge Ciments and Holcim Maroc, following the global combination of Lafarge and Holcim. It was called LafargeHolcim Maroc until May 2026, when its shareholders adopted the name Holcim Maroc.

Latest published results

In the first half of 2026, consolidated revenue was stable at MAD 4.15 billion (-0.2%). The domestic cement market fell 1.3% because of heavy rain in the first quarter. Recurring operating income fell 5.2% to MAD 1.66 billion, and consolidated net income fell 8.1% to MAD 843 million, weighed down by higher fuel prices.

What to watch

Cement demand in the second half, linked to infrastructure projects, and the cost of energy.

Key dates

  1. 2016

    Merger agreement signed on 17 March between the LafargeHolcim group and SNI.

  2. 2016

    Shareholders approve the merger on 4 July: Lafarge Ciments absorbs Holcim Maroc and becomes LafargeHolcim Maroc.

  3. 2025

    Net income exceeds MAD 2 billion.

  4. 2026

    The company adopts the name Holcim Maroc in May.

Sources: Boursenews, Holcim Maroc : résultat net du premier semestre 2026, September 28, 2026; Médias24, LafargeHolcim Maroc devient Holcim Maroc, May 26, 2026; TelQuel, la fusion Lafarge-Holcim Maroc actée par les actionnaires, July 7, 2016; Financial Afrik, LafargeHolcim Maroc franchit la barre des 2 milliards de dirhams de résultat net en 2025, March 11, 2026.

Profile updated on October 29, 2026.

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