Managem S.A. (MNG) H1 2026 earnings summary

Executive summary

• Consolidated H1 2026 net income was MAD 4.223bn, versus MAD 515m in H1 2025; revenue was MAD 11.764bn, versus MAD 4.422bn.

• Standalone net income was MAD 768m; standalone equity and assimilated equity totaled MAD 6.533bn at June 30, 2026.

Financial highlights

• Consolidated ordinary activity products totaled MAD 17.022bn, compared with MAD 16.614bn in H1 2025.

• Consolidated profit before tax was MAD 4.723bn, up from MAD 605m; net income attributable to the parent was MAD 3.778bn, versus MAD 380m.

• Standalone operating revenue totaled MAD 298.3m, compared with MAD 247.0m in the prior-year period.

Key financial ratios and metrics

• Consolidated total assets were MAD 42.128bn at June 30, 2026, versus MAD 37.706bn at December 31, 2025; consolidated equity was MAD 16.895bn versus MAD 12.530bn.

• Consolidated cash and cash equivalents were MAD 6.589bn, versus MAD 4.390bn at December 31, 2025.