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Casablanca Stock Exchange

Last update 19 Jun 2026

AFRIC INDUSTRIES SA · AFI.CS

Morocco · Industrials · Building Products · MAD

Price history

Afric Industries is a Moroccan industrial company focused on abrasive products and related building and joinery supplies. Its core activity is the design, manufacture and marketing of flexible abrasive papers for manual sanding, with applications across wood, metal, glass, bodywork, paint and plastics. The company also markets aluminum accessories and sealing products used in aluminum joinery. Its activities position it as a niche industrial supplier serving craftsmen, manufacturers, construction professionals and distributors that need surface preparation and joinery-related products. Key business drivers include customer demand, pricing discipline, operating efficiency, distribution reach and access to financing.

Fundamentals

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Metric  (MAD, M) 2024 2023 2022 2021 2020
Revenue Total Revenue 43
EBITDA 10
EBIT 10
Net income Net Income 10
Operating margin 22%
Net margin 23%