Alliances reports 30% revenue growth in second quarter of 2026 路 Baobab Pulse
business
Alliances reports 30% revenue growth in second quarter of 2026
Alliances D茅veloppement Immobilier achieved a consolidated turnover of 803 million dirhams in the second quarter of 2026, marking a 30% increase year-on-year from 618 million dirhams in the same period of 2025.
For the entire first half of 2026, the cumulative consolidated turnover reached 1.41 billion dirhams, up 6.5% from 1.33 billion dirhams a year prior. Commercial pre-sales also saw a rise, reaching 1,639 units in the second quarter of 2026, a 16% increase compared to 1,409 units in the second quarter of 2025. As of the end of June 2026, Alliances has 6,312 units currently in production, and its order book represents a secured total real estate value of approximately 4.5 billion dirhams.
Financially, the group's net debt stood at 1.179 billion dirhams in the second quarter of 2026, a decrease from 1.278 billion dirhams in the first quarter.
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Original source
This summary was AI-generated from a story originally published by Le Matin.