AFI stock posts 25 percent profit growth in H1 2026

Published on 09/29/2026 at 20:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AFI stock generated MAD 22.49 million in H1 2026 revenue, up 5 percent year over year. Operating profit reached MAD 5.96 million after a 20 percent increase.

AFI, MA0000012114, Illustration mit AI erstellt.

AFI stock is anchored by a first-half 2026 earnings improvement, with net income rising 25 percent to MAD 3.95 million. Infomediaire reported the figures on September 22, 2026, highlighting stronger operating performance and lower financial charges.

Revenue advances in H1 2026

Revenue reached MAD 22.49 million in the six months through June 2026, up 5 percent from MAD 21.32 million in the same period of 2025. The comparison shows that profit growth outpaced sales growth, giving the results a clear margin and cost-control angle.

The abrasives business was the main commercial driver, with sales increasing 11 percent during the period. Afric Industries also reported operating profit of MAD 5.96 million, compared with MAD 4.96 million a year earlier, an improvement of 20 percent. Le Nouvelliste attributed the acceleration to a recovery in second-quarter activity and controlled operating costs.

Operating recovery supports outlook

The company plans to preserve profitability through 2026 by relying on its established abrasives activity and disciplined expense management. Its reported first-half operating result of MAD 5.96 million provides the clearest numerical support for that objective.

Afric Industries also continues to diversify beyond abrasive papers. Its official company profile describes a second business supplying aluminum accessories and EPDM and TPE sealing products for window and door manufacturing, alongside abrasive papers used in wood, metal, leather, glass, automotive, paint and plastic applications. Afric Industries identifies the business as a subsidiary of Groupe Aluminium Du Maroc.

AFI closes lower on September 29

On the Casablanca Stock Exchange, Afric Industries closed at MAD 328.05 on September 29, 2026, down 0.70 percent from the previous close. The latest result gives the stock a fundamental counterpoint to that daily decline: net income grew five times faster than revenue in percentage terms during the first half.