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Tunisia: Hexabyte improves its revenues by 32% to nearly 10 MD in 2018

The turnover of HEXABYTE was 9.9 million dinars for the full year of 2018, compared with 7.5 million in 2017, i.e. an overall rise of 32%.

This growth can be explained, in particular, by the 56% increase in residential ADSL revenues from 4.7 to 7.4 million dinars, as well as the 2% increase in XDSL Business & Domain name revenues to 1.6 million dinars.

At the end of 2018, operating expenses increased by 27% compared to 2017, from 5.8 million to 7.5 million dinars. This trend was absorbed by the significant improvement in sales of 32%.

The EBITDA of HEXABYTE at the end of December 2018 amounted to 2.4 million dinars, compared to 1.6 million for the year 2017, i.e. an increase of 49%.

The company’s EBITDA margin rate was at a very satisfactory 24% compared to 22% a year earlier, an improvement of 2 percentage points.

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