SIAME’s revenues in 2024 were 6.7% higher than in 2023.
Total revenues reached 43.8 million dinars compared to 41 million dinars in the previous year, an increase of 2.7 million dinars.
Sales growth last year was driven by a 20% increase in export sales to 16.5 million dinars and a slight 0.1% increase in sales to the local market.
The latter was due to a slight decrease of 3.7% in sales to the local private market and a 10.6% increase in sales to STEG.
Investments made in 2024 amounted to 1.9 million dinars, compared to 2.3 million dinars in the previous year, representing a decrease in value of 18.2%.
In addition, SIAME’s bank debt increased from 24.5 million dinars to 25.6 million dinars, recording an increase of 4.3%. The change in bank debt is explained by the increase in working capital requirements (WCR).
