Report
EUR 236.14 For Business Accounts Only

A good quarter

During Q3 2017, SOTUVER recorded increasing revenues by 34.4% yoy to TND17.787m. Export revenues have more than doubled (+56% yoy), reaching TND10.852m, a 61% contribution to the quarterly revenues vs. 52.6% in Q3 2016. Local revenues improved by 10.4% yoy to establish at TND6.935m.
Since the beginning of the year, SOTUVER’s revenues amount to TND47.895m, a 26.4% improvement compared to 30/09/2016. The export market saw its revenues climb by 20.5% to TND26.210m.
Underlying
SOCIETE TUNISIENNE DE VERRERIES

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.

Analysts
Fatma HADDAD

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