H1 2015, above our expectations
PGH's revenues recorded a 6% growth during H1 2015. Revenues reached TND863.765M vs. TND816.122M a year earlier. This increase can be explained by the rise of the local demand (8%) which up from TND710.2M to TND767.472M. Despite the growth recorded during Q2 2015, export sales dropped -9% by the end of H1 2015. This decrease is mainly due to the recession of the export business in the majority of the group’s segments.
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