Managem: Record Profit of 3 Billion MAD Driven by Gold and Copper
Managem: Record profit of 3 billion MAD driven by gold and copper.
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Casablanca slips 1.0% as SMI sales jump 36% and Label Vie rises 15.9%
The MASI fell 1.0% to 18,263.97 points on May 19, while the MASI Mid and Small Cap dropped 1.62% to 1,882.44 and the MASI ESG lost 1.18% to 1,306.78. Among stocks, Promopharm jumped 5.9% on May 19 despite the MASI's 1.0% decline, according to analyst notes, after Unimer rose 6.0% to 167.45 dirhams on May 18. On earnings, Label Vie reported first-quarter revenue of 4.18 billion dirhams, up 15.9% at end-March 2026, according to Le Matin.ma, Medias24 and L'Economiste. SMI, for its part, posted a 36% jump in first-quarter revenue on soaring silver prices, according to Medias24.
LabelVie Reports 15.9% Revenue Increase by End of March 2026
LabelVie reports a 15.9% increase in revenue by the end of March 2026.
SMI: Revenue Soars 36% in Q1 Driven by Silver Price Surge
SMI: Revenue Soars 36% in Q1 Driven by Silver Price Surge