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Tunisia: SFBT posts strong H1 growth on export surge and robust beer sales

Tunisia’s Société de Fabrication des Boissons de Tunisie (SFBT) reported solid first-half 2026 results, driven by strong export growth, resilient domestic beer sales and continued investment in production capacity.

The Tunisian beverage leader said consolidated revenue excluding taxes reached TND 379.3 million in the six months ended June 30, 2026, up 6% from TND 357.8 million during the same period a year earlier.

Exports emerge as a major growth driver

The standout feature of the first half was the sharp increase in international sales.

Revenue from exported soft drinks climbed to TND 11.6 million, compared with TND 7.7 million in the first half of 2025, representing a 50.7% increase.

Export beer sales performed even more strongly, with revenue more than doubling to TND 4.7 million, up from TND 2.2 million a year earlier, marking growth of 115.3%.

Domestic beer business remains the profit engine

On the domestic market, beer continued to be SFBT’s primary source of profitability.

Beer revenue rose 10.2% to TND 266.7 million, compared with TND 241.9 million in the first half of 2025.

Sales volumes also increased, reaching 78.2 million liters, up from 71 million liters over the same period last year, an increase of 10.1%.

Continued investment in production

As part of its modernization strategy, SFBT maintained a sustained investment program during the reporting period.

The company concentrated its capital spending on strengthening its industrial operations, including the purchase of equipment for its historic Bab Saadoun production facility worth TND 10.3 million.

Additional investments were made in returnable packaging, including beverage crates and bottles, to support commercial activity.

Strong financial position

SFBT also reported a very strong balance sheet and liquidity position, ending the period with an excess bank cash balance of TND 408.6 million.

The company said this high level of liquidity was supported by excellent collections from customers and dividend income, underscoring the Tunisian beverage leader’s complete financial independence.

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