A recovery above expectations
Q4 2016, a good tone for the local demand:During the last quarter of 2016, the sales grew by 8.5% to TND451.699m. The local demand increased by 10.65% to reach TND395.962m vs.TND357.850m a year earlier. However, the export sales went down by 4.59%, compared to the same period a year ago, to amount to TND55.737m. All the group’s activities witnessed an improvement of their sales expect for Poultry (-2%) and Property (-32%).
2016, a positive year for PGH:
On 31/12/2016, the revenues were up by 7.69% to TND1.808bn.
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.
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