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Monday 8 March 2021
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Tunisia: SFBT announces a turnover of more than 750 million dinars in 2020

The Tunisian beverage manufacturing company (SFBT) announced a turnover of 752 million dinars in 2020, up from 711.2 million a year earlier, representing a growth of 5.7%.

This growth is due to the increase in sales of local beer by 10.7% to 537.5 million dinars, compared with 485.5 million at the end of December 2019.

On the other hand, turnover from local sales of soft drinks fell by 11.2% to 136.2 million dinars compared with 153.5 million in 2019.

In terms of sales volume, the company sold 188.5 million liters of beer in 2020, compared with 188 million liters a year earlier.

In soft drinks, sales volume amounted to 157.7 million liters, compared with 173.3 million liters at the end of December 2019, a fall of 9%.

As regards investments made in 2020, they were almost stagnant compared to 2019, amounting to 47.7 million dinars.

They are mainly composed of new extensions in the company’s plants, the purchase of beer equipment, soft drinks and returnable packaging (crates and bottles) and by the purchase of assets of the former company STUMETAL in Bir EL Kassa.

In addition, the company’s outstanding debt rose from 181 million dinars at the end of December 2019 to 229.4 million dinars on December 31, 2010, an increase of 26.7%.

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