Report
EUR 236.14 For Business Accounts Only

First signs of recovery

Q2 2015 sales showed a 52.8% growth to TND15.180M, which was achieved exclusively on the local market. SCB’s H1 2015 revenues increased by 10.7% to TND26.296M, driven by local sales (+36.3% to TND26.053M). According to the management, the export business collapse is explained by the fluctuation of the Algerian market and the sluggish demand on the Libyan market. The H1 2015 clinker production jumped by 387% to 0.182 MT (+767.1% to 0.324 MT in Q2 2015) with the effective start of the new furnace.
Underlying
SOCIETE CIMENTS DE BIZERTE

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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