JET, MA0000012080

Jet Contractors stock fell 1.84 percent on October 7, 2026

Published on 10/08/2026 at 06:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jet Contractors stock was last at MAD 1,600 on October 7, 2026, with 787 shares traded. First-half revenue reached MAD 1.61 billion, up 10 percent year over year.

JET, MA0000012080, Illustration mit AI erstellt.

Jet Contractors (ISIN MA0000012080) fell 1.84 percent to MAD 1,600 on the Casablanca Stock Exchange on October 7, 2026, with 787 shares traded. The stock's latest market move comes against first-half revenue of MAD 1.61 billion, up 10 percent year over year, according to Medias24 in its September 14, 2026 report on the Moroccan construction sector.

Revenue reached MAD 1.61 billion

Jet Contractors was the only one of three major Moroccan construction companies covered in the report to increase first-half revenue. Its MAD 1.61 billion total was 10 percent above the first-half 2025 figure, while second-quarter revenue rose 15 percent to MAD 835 million.

The quarterly acceleration followed 5.1 percent growth in the first quarter. That progression gives the stock a company-specific operating metric behind its market performance, rather than relying only on the broader construction sector.

Order book rose 39 percent

According to Medias24, Jet Contractors had an order book of MAD 12.8 billion at June 30, 2026, up 39 percent from a year earlier. The backlog was nearly eight times first-half revenue, which makes project execution and cash conversion important operating measures for the company.

The portfolio includes work linked to the Kénitra to Marrakech high-speed rail line, Marrakech airport expansion, the Euromed University Hospital in Fez and Ibn Sina University Hospital in Rabat. The report also said exports represented 30 percent of the order book at June 30, 2026.

Stock fell to MAD 1,600

Jet Contractors opened at MAD 1,669 and traded between MAD 1,600 and MAD 1,670 on October 7, 2026. Its last price was therefore at the session low, while the daily decline remained below the 5 percent threshold that would require a separately substantiated cause.

The company is listed as Jet Contractors SA and operates across general contracting, building envelopes, wood and metal structures, and solar engineering, procurement and construction. Its official website describes a vertically integrated industrial and construction model, with 15 subsidiaries and nine industrial units in Morocco and abroad.