Growth strengthens in 2017
Telnet Group closed Q2 2017 with a healthy 30.81%, yoy, increase in total sales, taking H1 2017 revenues to TND23.651m, up 21.96%, yoy. H1 2017 EBITDA recorded a significant jump by 235.5% at TND4.130m, yoy, close to the EBITDA recorded over the entire 2016 (TND4.848m), with an EBTIDA margin of 17.46% compared to 6.35% in H1 2016 (an increase by 1111 bps, yoy). We note, moreover, the marked improvement in Q2 2017 EBITDA: +930.6% to TND1.906m with an EBITDA margin of 15.2%, up 1130 bps.
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