Unmatched solidity
SFBT posted a quasi stable turnover in H1 2015 to TND148.756M (down 2.3% to TND87.744M in Q2 2015). The decline in local soft drink sales (4.7% to TND65.029M) was offset by higher revenues from beer (+2.1% to TND53.555M for local business and +33.5% to TND1.718M for export) and higher sales of soft drinks for exports (+24.1% to TND15.649M). EBITDA was up 1.6% to TND42.221M. The EBITDA margin increased by 70 bps to 28.4%.
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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