reports
Export risk
SCB released modest figures. Q4 2015 sales reported a decline by 3.8% to TND16.380M, due to the absence of the export market. The neighboring markets suffered during Q4 2015. The lack of demand in Libya is not a surprise and even the uncertainties related to the Algerian market were expected. Even for the local market, 2015 was disappointing, especially in Q4 2015 (+ 0.6% to TND16.380M). For the whole year, sales increased by 1.8% to TND57.177M, mainly driven by the domestic market (+14.8% to TN...
First signs of recovery
Q2 2015 sales showed a 52.8% growth to TND15.180M, which was achieved exclusively on the local market. SCB’s H1 2015 revenues increased by 10.7% to TND26.296M, driven by local sales (+36.3% to TND26.053M). According to the management, the export business collapse is explained by the fluctuation of the Algerian market and the sluggish demand on the Libyan market. The H1 2015 clinker production jumped by 387% to 0.182 MT (+767.1% to 0.324 MT in Q2 2015) with the effective start of the new furnac...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.