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Casablanca Stock Exchange

Last update 19 Jun 2026

OULMES · OUL.CS

Morocco · Consumer Staples · Beverages · MAD

Price history

Les Eaux Minerales d'Oulmes is a Moroccan beverage company producing and distributing mineral water, table water and sparkling beverages. Its brands include Sidi Ali, Oulmes and Bahia, and the company also has activities linked to bottling and beverage distribution partnerships. Products are sold to households, retailers, hotels, restaurants and export markets. Its business model depends on water-source assets, bottling capacity, brand strength, route-to-market coverage, packaging supply, beverage consumption trends and demand for still and sparkling water in Morocco. Key business drivers include customer demand, pricing discipline, operating efficiency, distribution reach and access to financing.

Fundamentals

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Metric  (MAD, B) 2025 2024 2023 2022 2021
Revenue Total Revenue 3
EBITDA 1
EBIT 0
Net income Net Income 0
Operating margin 9%
Net margin 3%