At a glance
Vicenne equips hospitals and clinics with medical equipment, supplies implantable devices and laboratory reagents, and maintains equipment.
History
Vicenne was founded in 2004 as Best Health. It supplies technology equipment and services to hospitals, clinics, practices, laboratories and the Ministry of Health. It expanded into Senegal in 2018 and Côte d’Ivoire in 2021, before listing in 2025.
Latest published results
In the first half of 2026, consolidated revenue rose 12% to MAD 591 million, including MAD 347 million from equipment (+13%), MAD 182 million from implantables and reagents (+10%) and MAD 63 million from services (+18%). EBITDA increased 14% to MAD 144 million and net income reached MAD 94 million, versus MAD 83 million.
What to watch
The annual target of about MAD 1.2 billion in revenue, and public and private investment in healthcare.
Key dates
- 2004
Founded as Best Health.
- 2018
Expansion into Senegal.
- 2021
Expansion into Côte d'Ivoire.
- 2025
Listing on the Casablanca Stock Exchange in July; offer 64 times oversubscribed by 37,674 investors.
- 2026
Confirmed target of about MAD 1.2 billion in annual revenue.
Sources: Boursenews, Vicenne : résultats du premier semestre 2026, September 21, 2026; Hespress, IPO de Vicenne : l'opération souscrite 64 fois, July 2025; African Markets, fiche société Vicenne, October 29, 2026.
Profile updated on October 29, 2026.