Alliances stock reports 6.50 percent first half growth
Published on 09/29/2026 at 14:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAlliances stock (ISIN MA0000011819) is anchored by MAD 1.418 billion in first-half 2026 revenue, a 6.50 percent increase from the same period of 2025. The key change came in the second quarter, when revenue reached MAD 803 million, up 30.00 percent from MAD 618 million a year earlier.
Second quarter drives growth
According to Media24 on September 3, 2026, Alliances generated MAD 1.418 billion in consolidated first-half revenue, compared with MAD 1.3 billion in the prior-year period. The improvement followed a weaker first quarter and gives the second quarter a larger role in the half-year result.
Commercial activity also improved, although more slowly than quarterly revenue. First-half presales reached 3,267 units versus 3,191 units in the comparable period, an increase of 2.00 percent, while second-quarter presales reached 1,639 units, up 16.00 percent year over year, Media24 reported.
Analyst target stays above quote
The valuation reference is also clear. Investing.com lists a 12-month analyst target of MAD 526.00 based on one analyst, compared with a quoted level of MAD 383.00 on September 25, 2026; that target is 37.34 percent above the quoted level, according to Investing.com. The same page shows a 52-week range of MAD 360.00 to MAD 639.00, placing the quoted level 6.39 percent above the lower boundary.
For investors, the operating comparison is more informative than the headline revenue figure alone: quarterly revenue grew 30.00 percent, while first-half presales grew 2.00 percent. That gap makes execution, deliveries and profitability important checkpoints for the next reported period.
Casablanca quote and company scale
Alliances shares were quoted at MAD 383.00 on the Casablanca Stock Exchange on September 25, 2026. The 52-week range was MAD 360.00 to MAD 639.00, while market capitalization stood at MAD 8.6 billion on September 22, 2026.
Alliances stock facts
- Company: Alliances Developpement Immobiliere (Ste) SA
- ISIN: MA0000011819
- Ticker: ADI.MA
- Primary exchange: Casablanca Stock Exchange
- Market capitalization: MAD 8.6 billion as of September 22, 2026
- 52-week range: MAD 360.00-MAD 639.00 as of September 25, 2026
- Sector / Industry: Finance / Real Estate Development
