Report
EUR 236.14 For Business Accounts Only

Declining activity pace

During the first half of 2015, ARTES reported a sharp decline of 36.32% in its revenues to TND73M against TND114.7M on 30/06/2014, due to a lower number of sold vehicles. Renault is no longer at the top, ranking in the fifth position with only 8.07% of market shares, i.e. a reduction in 426 pbs. The dealer sold 2 012 units during the first half of the year, i.e. a 40% decline compared to June 30th, 2014.
Underlying
Provider
AlphaMena Corporate Services
AlphaMena Corporate Services

AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.

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