Decelerating sales momentum
CC’s Q3 2016 sales were up by 6.6% to TND39.304m. This is the worst quarter in 2016. The current 17% sales growth rate was largely due an exceptional H1 2016 (+21.0%), especially in Q1 when revenue growth reached 42.7%. CC’s market share was stable at around 19% on 3% volume decline for local market in 2016.Q3 2016 export activity decreased by 16.0% to TND3.808m. For the whole year, export sales showed a slight decrease of 1.6% to TND18.765m.
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