The last quarter saves the year
At the end of Q4 2016, sales totaled TND136.365m, up 5.22% compared to Q4 2015. Monoprix managed to close the year 2016 with an almost stable turnover at TND532.839m (+0.2%). The gross margin remained unchanged at 17.9%. The staff costs amounted to TND45.647m (+14.7%), bringing the staff costs/sales ratio to 8.5% (+100 bps). The total number of employees is 3,601. The number of outlets reached 84 units at the end of December 2016.
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