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ML: Q4 2016 Key figures
• Backlog accrued by TND69.651m by Q4 2016 to reach TND196.320m.
• New Leases accumulated TND135.029m by Q4 2016, i.e. a 6.44% yoy growth.
• A 34.64% growth recorded by Q4 2016 in Net Leasing Income (TND12.038m vs. TND8.941m in 2015).
• The NPL rate stood at 9.58% vs 10.64% in 2015, for a 19.44% growth in loans at TND304.971m vs. TND255.343m in 2015.
• Debt increased +5.45% by the end of 2016, amounting TND206.618m vs.
Underlying
BH Leasing

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
Iram BENCHELBI

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