Report
EUR 236.14 For Business Accounts Only

2016 looks very promising

Q1 2016 revenues reached TND19.9m vs. TND17.02m, a 17% increase compared to Q1 2015. The production volume has progressed by only 4% to 113,793 bikes. The company pursues its development plan with incurred investments of TND812k (+48% yoy and +58% qoq), mainly corresponding to the construction of a new storage building and to the strengthening of the frame production. Debts declined by 7% to TND13.17m compared to TND14.7m a year earlier.
Underlying
EURO-CYCLES S.A

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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