A quite calm start to the year
During Q1 2017, Ennakl’s revenues increased by 2.4% to TND88.4m vs. TND86.358m in Q1 2016. The dealer’s gross margin was up by 3.3% to TND14.152m, i.e. an almost stable gross margin rate (16% vs. 15.9% a year earlier).The company’s staff costs has slightly increased (+2.4% yoy) to establish at TND3.317m. This rise was justified by an increase in wages as well as 2016 promotions. At the end of March, 2017, the number of employees stabilised at 355 workers.
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