2015: another successful year
Mg (parent company) closed 2015 with a turnover of TND834.507M, up 10.5% compared to 2014. Q4 2015 sales increased by only 2.0% to TND205.005M. The Gross margin increased by 40 bps to 15.7%. In line with the sales growth, the staff costs increased by 12% to TND58.714M. Thus, the staff costs/sales ratio remained stable at 7.0% (vs. 6.9% at the end of 2014). The total workforce amounted to 4,090 employees. The number of stores reached 81 units at the end of 2015.
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