Casablanca Stock Exchange, Industrial distribution

Stokvis Nord Afrique

Moroccan equipment and solutions distribution group in financial difficulty.

At a glance

Stokvis Nord Afrique is a group distributing equipment and technical solutions through several subsidiaries.

History

Stokvis Nord Afrique was founded in 1953. It imports and distributes technical equipment: civil engineering and quarry machinery, farm equipment, industrial refrigeration, handling equipment and lubricants. It has been listed on the Casablanca Stock Exchange since 2007.

Latest published results

In the first half of 2026, consolidated revenue rose 5% to MAD 112.7 million as the order book was executed. Operating income fell to MAD 4.5 million as sales shifted to lower-margin hardware. The consolidated net loss widened to MAD 7.1 million and consolidated equity was negative at MAD -134.8 million. Auditors state that a recapitalisation is necessary.

What to watch

The group’s recapitalisation and the going-concern uncertainty auditors flagged at the Stokvis Automotive subsidiary.

Key dates

  1. 1953

    Company founded.

  2. 2007

    First listing on the Casablanca Stock Exchange.

  3. 2026

    Auditors state that a recapitalisation of the group is necessary.

Sources: Boursenews, Stokvis : résultats du premier semestre 2026, September 30, 2026; African Markets, fiche société Stokvis Nord Afrique, 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.