Report
EUR 236.14 For Business Accounts Only

Better and better

At the end of 2015, Ennakl’s revenues reached TND316.4M, i.e. a 12.4 % y-o-y increase. The dealer’s gross margin grew by 34.2 % to TND59.5M. Thus, the gross margin rate gained 306 basis points to 18.82 %. However, staff expenses increased by 22.1% to TND15.1M following the granted promotions and the new profit-sharing policy. 2015 Staff expenses represented 4.8% of revenues in 2015 against 4.4 % in 2014. The number of employees at the end of 2015 was at 357 against 351 in 2014.
Besides, the company cash amounted to TND71.5M at the end of 2015 vs.
Underlying
Ennakl Automobiles

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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