Report
EUR 236.14 For Business Accounts Only

A solid performance

SFBT (parent company) posted a 3.6% increase in its Q2 2017 sales to TND118.956m. At the end of June, total sales amounted to TND241.975m, an increase of 8.2%. The improvement in sales was due mainly to the increase in the export sales of soft drinks by 94.0% to TND19.961m, and the increase in beer sales (local, + 14.5% to TND141.455m, and export, + 31.3% to TND2.322m), which offset the decline in the sales of local soft drinks (-10.2% to TND66.594m).
At the end of June, the sales volume of soft drinks increased by 6.2% to 683,712 HL, while those of soft drinks fell by 7.0% to 929,830 HL.
Underlying
Societe Frigorifique et Brasserie de Tunis

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
Imen BEN AHMED

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