CTM: A good year of activity in 2024

CTM: A good year of activity in 2024


By Economist | 02/03/2025 – 12:29 | share
CTM: Good vintage

The transport company in Morocco (CTM) increased annual income with the expansion of its activities in maritime and urban traffic. In the 4th quarter of 2024 it achieved consolidated sales of 317 million DH. In the case of accumulated, the earnings income in 2024 was 1.2 billion DH compared to 656 million in the previous year. In social sales, social sales after the 4th quarter is 113 million dirham. Over the entire year, the company grows from 5% to 541 million DH. “Thanks to the performance of” Interurban Transport “, which recorded an increase in the number of passengers”.

At the end of 2024, the total investment was 459 million DH, which are mainly distributed between the renewal of the coaching fleet and the takeover of 51% of the capital of Africa Morocco (AML). As part of the reinforcement of its investment capacities, CTM spent a loan loan of 300 million DH and brought his total debt to 343 million C at the end of 2024.





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