The export activity is in trouble
During Q4 2016, SAH’s revenues reached TND73.06m vs. TND71.15m as of 31/12/2015, i.e. a slight progression of 3%, mainly pulled up by local sales which witnessed a 24% yoy growth to establish at TND53.9m. However, export revenues amounted to TND19.14m vs. TND27.8m a year earlier, i.e. an important decline of 31%. The production was up to TND74.6m (+5% yoy). As regards investments, SAH allocated a budget of TND15m against TND4.18m during the same quarter last year.At the end of 2016, the company’s revenues reached TND260m vs.
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