Good news: volume recovery
The parent company reported an increase of 68.5% in Q4 2016 to TND126.313m, stimulated by local beer sales (+134.4% to TND81.799m), thus integrating SEABG’s added value to the segment of canned beer. Export beer sales also increased by 3.0% to TND0.956m. The local sales of soft drinks went up by only 1.2% to TND26.812m against a significant increase in export sales by 83.8% to TND11.213m. At the end of December, the total revenues increased by 65.5% to TND534.516m.
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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