RABAT, Aug 4 – Marsa Maroc has become the fourth-largest listed company by market value on the Casablanca Stock Exchange, following years of growth in its business and expansion beyond Morocco.
The company said it has grown from a national port operator into an international group with operations across Morocco, Africa and Europe. It now manages 36 terminals along major regional shipping routes.
Since listing on the stock exchange in July 2016 at MAD 65 ($7.1) per share, the company’s stock has climbed to about MAD 870 ($95). This gives Marsa Maroc a market value of nearly MAD 63 billion ($6.9 billion). The share price reached a record MAD 1,040 ($114) in 2025.
According to the company, revenue has more than doubled over the past decade, while EBITDA has nearly tripled and net profit has increased more than fivefold.
Marsa Maroc also said its inclusion in the MSCI Frontier Markets Index in 2023 improved its visibility among international investors.
The company has expanded operations into Benin and Liberia and acquired a 45% stake in Spain’s Boluda Maritime Terminals, strengthening its presence on both sides of the Strait of Gibraltar.
At home, Marsa Maroc is investing MAD 4 billion ($438 million) to expand capacity at the Casablanca and Jorf Lasfar ports. It is also preparing to begin operations at the East Terminal of the Nador West Med port before later commissioning the West Terminal with shipping companies MSC and CMA CGM.
Looking ahead, the company aims to increase annual revenue to MAD 10 billion ($1.1 billion) by 2030 through domestic expansion, international growth and broader port and logistics services.
