Report
EUR 236.14 For Business Accounts Only

Expected results

GIF Filter posted its figures for the first nine months of the year, showing a 9.5% revenue increase to TND9.140m vs. TND8.347m a year ago. The domestic market showed a slight improvement of 1.8% to TND7.037m. The export sales jumped by 46.5% to reach TND2.102m. Furthermore, the production was up by 8.9%, yoy. The investments engaged during the first three quarters of the year amounted to TND0.534m vs. an investment of TND2.437m by the end of 2015, oriented mainly to the acquisition of transport and industrial equipment.
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

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