Report
EUR 236.14 For Business Accounts Only

A slow recovery

In Q3 2017, Essoukna posted a turnover up by 18% to TND1.949m compared to the previous year. The turnover since the beginning of the year is also higher than the level reached in 2016, amounting to TND14.110m, i.e. an increase of 62.7% thanks to a significant level of sales of housing units worth TND13.24m, i.e. a growth rate of 56%. Commercial sales grew significantly by 553% to TND0.866m (Vs. TND0.132m).
The work-in-progress and the inventory of completed units both decreased by about 1% to TND15.313m and TND22.492m, respectively.
Underlying
Essoukna

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.

Analysts
Zeineb SAHNOUN

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