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Tunisia: AeTech increases revenues by 28% in 2021 to nearly 8 million dinars

The turnover of the company AeTech amounted to 7.9 million dinars at the end of 2021, an increase of 28% compared to 2020.

The turnover of the Solutions activity is 2.8 million dinars, up 31% compared to the year 2020 and the turnover of the Distribution activity went up 27% from 4 million dinars to 5 million.

As for operating expenses (excluding depreciation and provisions), they increased by 22% from 6.2 million dinars in 2020 to 7.5 million dinars on December 31, 2021.

At the end of the year 2021, the EBITDA margin is positive and stands at 4.4% against 0.2% in 2020, while the net financial expenses grew 56% to 496 thousand dinars in 2021.

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