Cocamar Breaks Through the 10.5 Billion Dirham Barrier
Cocamar has achieved a turnover exceeding 10.5 billion dirhams, reflecting strong financial performance that showcases its ability to maintain a sustainable growth pace despite the climatic challenges affecting the agricultural sector.
This performance comes amidst climatic fluctuations and declining water resources, which have impacted the productivity of sugar crops. Nevertheless, the company continued to implement its strategy aimed at enhancing national production and improving supply chains.
Cocamar has bolstered its investments in modernizing production units and improving energy efficiency, along with supporting farmers through technical assistance programs and adopting more drought-resistant varieties to ensure stable production and mitigate the effects of drought.
This growth also reflects the diversification of supply sources and the development of refining and export activities, contributing to increased revenues and maintaining financial balances in a global context marked by rising raw material prices and market volatility.
The achieved results confirm the group’s ability to adapt to climatic and economic challenges and continue playing a pivotal role in ensuring national food security concerning sugar production.
