Report
EUR 236.14 For Business Accounts Only

Another disappointment

Carthage Cement's shareholders are experiencing a difficult period. With the collapse of the stock price (-38% since early 2015, and -63.5% over the last three years), the recent figures released by Carthage Cement put the final nail in the coffin. Q2 2015 revenues decreased by 11.2% to TND53.181 pulled down by lower cement sales (-14.3% to TND42.432M). The Ready-Mix business performed well, posting a 5.4% growth to TND6.068M in Q2 2015.
Underlying
Carthage Cement

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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