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Wednesday 23 June 2021
HomeNewsTunisia: PGH announces record revenues of 2.6 billion dinars in 2018

Tunisia: PGH announces record revenues of 2.6 billion dinars in 2018

Poulina Group Holding consolidates its position as the largest private group in Tunisia. The Industrial Group announces record revenues in 2018.

The Group founded by Mr. Abdelwaheb Ben Ayed confirms its growth momentum in 2018.

In fact, at the end of last December, the Group posted a record turnover of 2.6 billion dinars, up 18% compared to the one recorded in 2017.

This good performance is marked by the 17% increase in revenues from the local market reaching 2.3 billion dinars against 1.96 billion dinars in 2017, but also the growth by 27% of exports from 249.8 million dinars to 318 million between 2017 and 2018.

On the investment side, in 2018, Poulina Holding Group continued its investment policy with 236.5 million dinars invested, against 145.8 million a year earlier, representing a growth of 62%.

Investments made during the fourth quarter of 2018 amounted to 41.5 million dinars compared with 44 million in 2017.

Most of this investment, i.e. 49%, goes to the Building Materials business, i.e. 20.4 million dinars (brick factory and ceramic factory in Jbel El West) and 26% for the poultry integration business, i.e. 10.7 million dinars (construction of a new breeding center).

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