Report
EUR 236.14 For Business Accounts Only

Clearer sky

GIF Filter posted its figures for the nine first months of the year, showing a 9.3% revenue increase to TND9.991m vs. TND9.140m a year ago. The domestic market showed an improvement of 8.3% to TND7.627m. The export sales jumped by 12.4% to reach TND2.364m. Furthermore, the production was down by 9.3%, yoy. The investments engaged during the first nine months of the year amounted to TND1.125m vs. an investment of TND0.535m by the end of September 2016, oriented mainly to the renewal of the commercial and logistics park (for an amount of TND0.662m), and the acquisition of industrial equipment linked to a pleating production line as part of the second phase of the upgrade programme.
Underlying
Societe Generale Industrielle de Filtration S.A.

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
Meriem KADDOUR

Other Reports on these Companies
Other Reports from AlphaMena Corporate Services

ResearchPool Subscriptions

Get the most out of your insights

Get in touch