HomeNewsTunisia: Record revenues of TND 640 million for ENNAKL Automobiles in 2023

Tunisia: Record revenues of TND 640 million for ENNAKL Automobiles in 2023

Sales at the ENNAKL Automobiles dealership in 2023 rose by 29.5% compared with 2022 to reach TND 644 million.

The company registered 7,063 vehicles in 2023, giving it a market share of 12.7%. In the premium market, the Audi brand had 507 registrations by the end of December 2023.

In the HGV market, the Renault Trucks brand, launched at the end of 2022 by ENNAKL Automobiles, had a good year in 2023, with around one hundred registrations, representing a market share of 21%, making it the second truck brand sold on the Tunisian market.

Financial expenses increased by 92.2% from TND 3.5 million at December 31, 2022 to TND 7.4 million at the end of 2023, mainly due to higher discounting costs.

Financial income, consisting mainly of dividends received, went up to TND 10 million at the end of 2023.

In addition, overall financial debt has fallen from a balance of TND 14.7 million in 2022 to TND 8.9 million at December 31, 2023.

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