Mutandis, a Moroccan industrial group specializing in fast-moving consumer goods, reported consolidated revenue of 423 million Moroccan dirhams (approximately $42.3 million) for the first quarter of 2026. This represents a 6% decline compared to the same period in 2025, according to the company's financial statement released on May 5, 2026.
The group attributed the decrease to a challenging economic environment in Morocco, including persistent inflation and reduced consumer purchasing power. Mutandis operates in sectors such as household cleaning products, fish canning, and packaging.
Despite the revenue drop, the company noted stable performance in its core segments, with export markets partially offsetting domestic weakness. Mutandis continues to invest in production efficiency and cost optimization to navigate the current market conditions.