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HomeNewsTunisia: SANIMED sees its turnover increase and short-term debt too

Tunisia: SANIMED sees its turnover increase and short-term debt too

SANIMED’s sales reached 29.026 MD As at September 30, 2017, up 16% compared to the same period in 2016.

Local revenues grew 2% at the end of the first nine months of the year, compared to the same period of 2016 to 18.926 MD.

At the end of September 2017, export turnover reached 10.1 MD against 6.47 MD at the end of September 2016, i.e. an increase of 56%.

The third quarter again confirms the recovery of export sales with a growth rate of 41%.

As at September 30, 2017, total revenues were up 16% compared to the same period in 2016 at 29.026 MD.

They represent 71% of the total annual turnover (40.934 MD) provided for in the Business Plan (2016-2020) and presented at the level of the IPO prospectus.

As of September 30, 2017, production increased by 19% compared to the same period in 2016, from 19.123 MD to 22.713 MD.

The company made investments of 3.935 MD as at September 30, 2017, compared to 4.103 MD at the end of September 2016, a decrease of 4%.

The investments are part of the automation of produ

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