Report
EUR 236.14 For Business Accounts Only

A little breath for the cables

Saudi Cable has achieved a remarkable Q3 2015. The company begun the year with increasing revenues for the first time after three years of under-performing business. This positive trend expanded over the next two quarters as the company's sales climbed by 6.5% and 24.5% in Q2 2015 and Q3 2015, respectively, leading the 9M revenues to grow by 13.09% yoy. Though still negative, the net result has also witnessed an important improvement, moving from SAR-141.740M in 9M 2014 to SAR-9.914M in 9M 2015.
Underlying
SAUDI CABLE CO

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.

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