Report
EUR 236.14 For Business Accounts Only

An improvement in Q3, but..

Ciments de Bizerte’s Q3 2017 results improved compared to Q3 2016. Moreover, the local sales increased by 39.1% to reach TND18.1m against TND13.3m in Q3 2016. Like the whole sector, the state-owned cement maker is still struggling to export. The cement production increased slightly from 125,000 tonnes to 156,000 tonnes last year. On the other hand, SCB reduced its clinker production by 57% in Q3 2017 following the kiln shutdown during July and August 2017.
Underlying
Les Ciments de Bizerte

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
Fatma CHARFI

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