A slight recovery in 2016
At the end of the third quarter of 2016, TPR’s revenues amounted to TND74.61m, i.e. a 10% increase on a yoy basis. The growth of TPR’s revenues was largely backed by a 12% increase in the local market sales. Export revenues experienced a slight appreciation of 3% to reach TND18.25m against TND17.72m one year earlier.During the same period, investments reached TND3.37m, i.e. a sharp increase of 393%.
In order to distribute dividends worth TND9m related to FY 15 and to honour its commitments to its foreign suppliers, TPR incurred TND25.15m in short-term debt (vs.
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