Casablanca Stock Exchange, Chemicals

Maghreb Oxygène

Moroccan producer of industrial and medical gases, part of Akwa Group.

At a glance

Maghreb Oxygène produces and distributes industrial and medical gases (oxygen, nitrogen, welding gases) and installs the equipment to use them. It is part of Akwa Group.

History

Maghreb Oxygène was founded in 1977. It produces industrial, medical, food-grade and specialty gases. It listed on the stock exchange in 1999.

Latest published results

In the first half of 2026, consolidated revenue rose 8.5% to MAD 167.6 million, driven by sales of installations and equipment. Consolidated operating income rose from MAD 4.9 million to MAD 8.6 million, but consolidated net income fell 6.5% to MAD 8.7 million.

What to watch

The lasting performance improvement the company is aiming for.

Key dates

  1. 1977

    Company founded.

  2. 1999

    Listed on the stock exchange alongside Afriquia Gaz.

  3. 2026

    Half-year revenue up 8.5%.

Sources: Boursenews, Maghreb Oxygène : résultat net consolidé du premier semestre 2026, September 29, 2026; Wikipedia, Akwa Group; African Markets, fiche société Maghreb Oxygène, October 29, 2026.

Profile updated on October 29, 2026.

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