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Wednesday 23 June 2021
HomeNewsTunisia: Poulina reports 21% increase in revenues

Tunisia: Poulina reports 21% increase in revenues

Poulina (PGH) recorded a significant increase of 21 % in its revenues during the fourth quarter of 2013 compared with the last quarter of 2012.

This increase involved all areas that well behaved during the quarter and even Poulina: 21% growth in revenue over the year 2013, according to broker, Mena Capital Partners (MCP).

In terms of investment, PGH has allocated 95 million Tunisian dinars (MTD) for new investments during the year 2013.

However, the gap between 2012 and 2013 is justified by the strategic investment on the equity in the ENNAKL Company in 2012.

By sector, revenues of the center “Global Integration” rose 9% last year, compared to the 4th quarter of 2012. This increase is mainly explained by the growth of sales of poultry and food products.

As for consumer products, a significant growth of 26% in sales was recorded, mainly explained by the good performance of the “milk and derivative products” and “oil and margarine” activities.

Regarding building materials, revenues increased 27 % compared to the fourth quarter of 2012. This significant growth is explained mainly by the strong recovery in export sales by 57% and the rise in local sales by 23%, following the qualitative improvement and increased production of the ceramics factory in Tunisia as well as higher sales of bricks, due to increased production of the Bir Mcherga factory.

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