Satisfactory, but insufficient, growth
A good start to the year for Carthage Cement:Q1 2016 sales increased by 42.7% to TND53.472m, backed by both the local market (+33.4% to TND31.365M), as well as export sales (+51.1% to TND8.605m). Moreover, Aggregates and Ready-Mix businesses posted solid growth (+26.3% to TND10.441m global sales).
CC announced a 17.97% market share, a slight improvement of 97 bps compared to that displayed in 2015 (17% announced as of 31/12/2015). CC’s market strengthening resulted from a volume increase by almost 43% vs.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.