Report
EUR 236.14 For Business Accounts Only

An unexpected, poor performance

SFBT posted a decrease in its Q3 2015 turnover by 6.4% to TND99.273M. At the end of September, sales totaled TND248.029M, down 3.0%. Higher beer sales at the end of September (local: +4.8% to TND80.946M, export: +9.8% to TND2.103M) could not offset the decline in sales of soft drinks (local: -4.6% to TND119.539M, export: +4.7% to TND24.139M). In terms of volume, sales of soft drinks declined by 6.4% to 1,846,905 HL against a slight increase in the quantities of beer sold (+1.5% to 1,271,036 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.

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