Casablanca – Akdital Group, one of Morocco’s leading private healthcare operators, announced a record consolidated revenue of $455 million for the 2025 fiscal year, reflecting a 49% increase compared with 2024. The performance highlights the group’s continued expansion in Morocco and its strategic push toward international markets, including Saudi Arabia, the United Arab Emirates, and Tunisia.

In the fourth quarter of 2025, the group generated $134 million in revenue, marking a 38% increase compared with the same period in 2024. This growth was driven by both the maturity of existing facilities and the contribution of newly opened hospitals and clinics launched between 2024 and 2025, which together contributed approximately $110 million in revenue.

Expansion across Morocco

By the end of 2025, Akdital operated 41 healthcare facilities across 24 cities, with a total capacity of 4,505 beds, including 155 beds added in the fourth quarter. The group’s network extends beyond Morocco’s major urban corridor of Casablanca and Rabat. Facilities located outside this axis account for 70% of total bed capacity and handle 79% of annual patient admissions, reflecting the group’s role in supporting the national goal of expanding access to healthcare services.

The group recorded 1,149,801 patient admissions in 2025, reflecting growing demand across all medical specialties. Among the key medical interventions were 3,323 open-heart surgeries, 10,060 coronary angioplasty procedures, and over 100,000 oncology sessions, including 87,661 chemotherapy treatments and 14,289 radiotherapy sessions. These figures underscore Akdital’s growing specialization in advanced medical care, particularly in cardiology and oncology.

Workforce and operational growth

Akdital’s workforce grew in parallel with its operational expansion. By the end of 2025, the group employed 9,894 staff members, including 2,804 new hires. This expansion of human resources supports the group’s growing patient volume and the opening of new facilities across the country.

Investment and “asset-light” strategy

The group maintained a high level of investment in 2025, with $216 million invested in modernizing existing facilities, equipping new hospitals, and preparing for future openings. In addition, $61 million were allocated to international development projects, including land acquisitions in Dubai and Riyadh and the commencement of construction work in Dubai. These assets are planned to be transferred to partner real estate companies, in line with Akdital’s “asset-light” strategy, allowing the group to focus on operational efficiency rather than property ownership.

Debt and financing

Akdital’s consolidated net debt rose to $437 million at the end of 2025, compared with $181 million at the end of 2024. This increase reflects the scale of the group’s expansion program, both domestically and internationally. To support its financing needs and diversify funding sources, the group completed a $124 million bond issuance in the fourth quarter of 2025.

International expansion

Akdital has accelerated its international growth strategy, targeting key markets in the Middle East and North Africa. In Saudi Arabia, the group is acquiring Bishri Hospital in Mecca and establishing AKDITAL Saudi. In the UAE, construction projects have begun in Dubai following the asset-light model. In Tunisia, the group signed an agreement to acquire 100% of Taoufik Hospitals Group, establishing a presence in a second North African market.

These international initiatives aim to reach 1,000 hospital beds outside Morocco by 2030, demonstrating Akdital’s ambition to export its healthcare model beyond the national market. All projects remain subject to regulatory approvals.

Future outlook

Looking ahead, Akdital plans to expand its Moroccan network to 62 facilities across more than 32 cities by 2027, increasing total bed capacity to over 6,200 beds. The group’s strategic focus on both domestic growth and international development reflects a dual objective: meeting rising demand for quality private healthcare in Morocco while positioning itself as a regional leader in the North African and Middle Eastern healthcare sectors.

By combining operational expansion, targeted investment, and an asset-light approach, Akdital aims to strengthen its financial and operational resilience while extending its reach to new markets. Analysts note that the group’s performance in 2025 represents one of the strongest growth years for a private healthcare operator in Morocco, laying a solid foundation for its ambitious long-term strategy.

Akdital’s 2025 results underscore the group’s leadership in Morocco’s private healthcare sector and its readiness to scale operations internationally, combining robust revenue growth with strategic investments and a growing workforce.