Maroc Telecom reports net profit surge to 760 million dollars for 2025
The Moroccan operator saw profits jump after a prior legal settlement while investing heavily in 5G. Growth in African subsidiaries offset stable domestic numbers.
Insights:
Maroc Telecom reported a net profit of 6.969 billion dirhams for the 2025 fiscal year, representing a 288% increase compared to 2024. This significant rise in reported profitability was announced on February 13, 2026, and is largely due to a very low comparable profit in the previous year. In 2024, the company's results were impacted by a 6.368 billion dirham settlement related to local-loop unbundling . Following the 2025 performance, the board has declared a dividend of 4 dirhams per share.
While the headline net profit showed substantial growth, the company's adjusted net profit actually declined by 4.9%. This discrepancy illustrates how the 2024 settlement affects reported profitability metrics when compared to underlying operating trends. To support future growth, the group increased its investment intensity to 25.6% of revenue, with a specific focus on the 5G network rollout .
