The consolidated sales of the CTM group (transport company in Morocco) achieved more than 1.25 billion DH in 2024 compared to 656 million in the previous year.
In the fourth quarter of 2024, consolidated sales rose to 317 million DH. In terms of social results, sales for the same quarter were 113 million DH.
CTM lists annual growth of 5%, mainly thanks to the increase in the number of passengers in the “Interurban Transport” sector.
With regard to the overall investment of the group, it was 459 million DH, which mainly aimed at renewing the coaching fleet and the takeover of 51% of the capital of Africa Morocco (AML).
In order to strengthen its investment capacities, CTM has issued a bond of 300 million DH, which brings its total debt at the end of the 2024 financial year.
