Moroccan billionaire Anas Sefrioui's property firm lifts first-half profit 20%
Groupe Addoha, the Moroccan homebuilder controlled by billionaire Anas Sefrioui, grew first-half profit 20% and holds MAD 12.9 billion in presold homes.
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Groupe Addoha, the Moroccan homebuilder controlled by billionaire Anas Sefrioui, grew first-half profit 20% and holds MAD 12.9 billion in presold homes.
Anas Sefrioui's Addoha posted a 70% net profit rise to 516 million dirhams ($55 million) in 2025, driven by tighter project selection and improved execution across Morocco and West Africa.
Anas Sefrioui’s stake in Groupe Addoha drops $199 million after shares fall 16 percent amid Morocco property concerns.
While he hasn’t ruled out an interest in owning a football club in the future, he made it clear that no talks or plans have been initiated regarding Sheffield Wednesday.
The gains can be linked to a 41-percent rise in the group’s share price on the Casablanca Stock Exchange.