A significant, but insufficient improvement
SOTETEL closed the 9M 2016 with a significant 34.7% increase in revenues to TND33.771m, yoy. This improvement in revenue is mainly explained by the healthy resumption of the local activity (+35.3%) mitigating the continued drop in the export activity (-84.5%), due to the quasi-halt of the activities in Libya, and to the delay in the development strategy in Algeria.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.