Delta Holding begins 2026 with a slight increase in its consolidated revenue for the first quarter.
Moroccan group Delta Holding has begun the fiscal year 2026 with a moderate dynamic, recording a slight increase in its activity during the first quarter.
The consolidated revenues of the group stood at 599 million dirhams at the end of March 2026, representing a 3% increase compared to the same period last year.
Overall Resilient Performance
This growth reflects a certain resilience in the group’s activities amidst an economic context characterized by market fluctuations and challenges related to industrial investment.
Delta Holding continues its trajectory of consolidation across its various sectors, particularly in:
- infrastructure
- metallurgy
- parachemistry
- environment
- industrial services
Investments Maintained at a Stable Level
The group’s investment expenditures remained at 16 million dirhams during the first quarter, a stable level compared to the same period in 2025.
This policy reflects a cautious approach to financial management and resource deployment.
Controlled Financial Situation
From a financial perspective, Delta Holding presents a relatively stable structure.
Consolidated gross financial debt stands at 166 million dirhams, a slight decrease of 2% year-on-year, while the group continues to show positive net cash estimated at 371 million dirhams.
Change in Consolidation Scope
The group also reported a change in its consolidation scope following the exit of its subsidiary DHE based in France.
However, this modification has had no significant impact on consolidated financial statements, particularly after the previous sale of indirectly held stakes in ISOSIGN.
Delta Holding Continues Its Diversification
Founded in 1974, Delta Holding has progressively established itself as a diversified industrial group operating in several strategic sectors in Morocco and internationally.
The group is particularly focused on positioning itself in infrastructure, industrial equipment, and certain activities related to renewable energy.
A Cautious Trajectory for 2026
With this moderate growth in the first quarter, Delta Holding seems to prioritize a strategy of financial stability and gradual growth.
The group remains attentive to developments in the economic climate and the dynamics of investments in industrial and infrastructure sectors.
