Balancing sales and margins
In FY 2016, SIMPAR’s sales increased by 4.6% to reach TND13.6m (vs. TND13m in 2015). The housing sales increased by 13% to TND13.6m (vs. TND6.189m a year earlier), whilst commercial sales dropped by 44% to TND1m (vs. TND1.8m a year earlier).The company’s finished goods decreased by 11%, and work-in-progress inventory soared by 79% compared to the previous year. Moreover, the building plots reached a total value of TND36.3m, an improvement of 9%, yoy (vs.
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