Euro-Cycles published its interim financial statements as of June 30, 2025, showing solid performance despite an economic and industrial context marked by supply chain tensions.
At the end of the first half, the company’s turnover stood at 56 million dinars, a slight increase compared to the 54.3 million dinars recorded during the same period in 2024.
This growth was mainly driven by the increase in bicycle sales, which reached 51.6 million dinars, confirming Euro-Cycles’ leading position in its export markets, particularly in Europe.
Operating profit rose to 8.8 million dinars compared to 8.2 million dinars a year earlier, reflecting good cost control despite higher raw material costs and rising personnel expenses.
This operational improvement allowed the company to offset the decline in “other operating income,” which had contributed more in 2024.
Net financial expenses were significantly reduced, from 3.4 million dinars on June 30, 2024, to 1.9 million dinars in 2025, thanks to better debt management and lower bank borrowing costs. At the same time, financial income strengthened to 1.2 million dinars.
In the end, net profit rose by 45%, reaching 6.8 million dinars compared to 4.7 million dinars in the first half of 2024.
On the financial side, Euro-Cycles improved its balance sheet with a reduction in financial liabilities, which stood at 53 million dinars against 95.9 million a year earlier, while equity increased to 105.5 million dinars.
With these results, Euro-Cycles confirms its ability to generate sustainable growth and strengthen its competitive position in international markets.
The company also reiterated its commitment to innovation, quality, and diversifying its partnerships to reinforce its competitiveness in a constantly evolving sector.
