Bad quarter as expected !
For the third quarter, 2015, revenues were down by -17.1% to TND2.569M vs. TND3.098M a year ago. This decline was justified by the lower local demand (-16.7%) as well as decreasing export sales (-19.2%). For the first nine months of this year, the released figures are disappointing. Revenues were pulled down by -10.5% to reach TND8.347M vs. TND9.322M, yoy. Investment reached TND1.707M vs.TND1.502M by the end of 2014, mainly oriented to the purchase of equipment and industrial tools, and the refurbishment of the company's premises.
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