Failing export
During Q4 2016, the parent company’s revenues deteriorated by 5.16% to TND7.166m. This decline is driven by the export market whose sales witnessed a decrease of 33.6% yoy to stand at TND2.228m. However, the local market, unlike the first half of the year, pursued the upward trend observed in Q3 2016, by registering an improvement of 17.6% yoy, at TND4.938m.SIAME closed the year 2016 with a revenue drop of 12.9% to TND24.300m.
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