Report
EUR 236.14 For Business Accounts Only

When the margins are sacrificed to boost sales

In Q4 2016, Essoukna’s sales increased considerably compared to the past 3 quarters. In fact the TND9.3m sales in Q4 represent around 51% of the company’s sales for the FY 2016 (TND18m), and 93% of what it made during the whole of 2015 (TND10m). The company’s total promises reached TND22.9m of which TND18m recorded as sales for FY 2016.
The housing sales are again the main contributor to the company’s sales during 2016 with TND16.8m in sales, and a 93% contribution (vs.
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
Aymen SOUFI

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