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Sunday 20 June 2021
HomeNewsTunisia: Poulina Group generates net profit of 152 MD in 2018

Tunisia: Poulina Group generates net profit of 152 MD in 2018

Poulina Group Holding (PGH) achieved an overall turnover of 2.17 billion dinars in 2018, up 12% compared to 2017.

The Group’s gross margin rose from 660 million dinars at the end of December 2017 to 752 million last year, representing a growth of 14%.

To this end, EBITDA at the end of December amounted to 364 million dinars, against 293 million a year earlier, an increase of 24.2%.

The operating result therefore grew by 38.3% to 229.4 million dinars, against 165.9 million in 2017.

Despite the significant increase in net financial expenses to 79.1 million dinars, the Poulina Group closed the year 2018 with a record net profit of 152 million dinars, against 138.2 million a year earlier, up 10%.

The group that invested 223 million dinars in 2018 also improved all its ratios.

In fact, the Gross Margin / Revenues ratio went from 34.2% to 34.8%, the EBITDA / Revenues ratio went from 15.2% to 16.9% and the EBIT / Revenues ratio went from 7% to 7%. 1%, as for the debt ratio it dropped from 174% to 167%.

As for the debt structure in 2018, it shows an improvement with long-term debts representing 84.5% of total debt, compared to 77.5% in 2017.

Indeed, the total debt of Group reached at the end of December last 1.45 billion dinars including 1.22 billion long and medium terms.


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