SNEP stock gained 5.21 percent on October 7

Published on 10/08/2026 at 05:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SNEP stock stood at MAD 298.80 on October 7, 2026, after a MAD 14.80 daily increase. First-half revenue rose 5.4 percent to MAD 379.3 million.

SNP, MA0000011728, Illustration mit AI erstellt.

SNEP stock (ISIN MA0000011728) closed at MAD 298.80 on the Casablanca Stock Exchange on October 7, 2026, up 5.21 percent from MAD 284.00. The move came as the Moroccan chemicals producer entered the final quarter with a materially improved first-half operating profile.

Revenue rises in first half

According to Flash Economie on September 25, 2026, SNEP reported first-half 2026 revenue of MAD 379.3 million, up 5.4 percent from MAD 359.8 million in the first half of 2025. The company attributed the increase to higher sales volumes and improved industrial performance.

The improvement reached operating earnings as well. SNEP's EBITDA turned positive at MAD 4.3 million, compared with negative MAD 57.3 million a year earlier, an improvement of MAD 61.6 million.

Losses narrow but remain material

Net income was still negative, but the loss narrowed to MAD 53.6 million from MAD 108.6 million in the first half of 2025. The reduction was MAD 55.0 million, while the operating loss improved to MAD 32.5 million from MAD 93.8 million.

The figures give SNEP stock a more specific investment question than a simple recovery narrative. Revenue growth and positive EBITDA indicate operating progress, but the company still needs to move from a reduced net loss to sustainable profitability, particularly as demand in the PVC market remains constrained.

Stock stays below yearly high

The October 7 session placed SNEP at the top end of its daily range of MAD 295.00 to MAD 298.95, with 98 shares changing hands. Its 52-week range was MAD 283.00 to MAD 569.00, leaving the stock well below its yearly high despite the latest daily advance.

Market capitalization stood at MAD 647.5 million as of October 7, 2026. According to SNEP, the company produces PVC, compound PVC and electrolysis products including caustic soda, chlorine and hydrochloric acid for Moroccan industrial customers.

Price and investor perspective

SNEP stock closed at MAD 298.80 on October 7, 2026, while the company continued to report negative net income for the six months ended June 30, 2026. The combination of a 5.4 percent revenue increase, positive EBITDA and a MAD 53.6 million net loss defines the next stage of the turnaround.