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HomeNewsTunisia: SOMOCER expects 9.9% increase in revenues in 2015, 33.5% next year

Tunisia: SOMOCER expects 9.9% increase in revenues in 2015, 33.5% next year

SOMOCER Company is expecting an increase in turnover by 9.9% in 2015 and 33.5% next year, its Director General, Riadh Jaidane, said at the company’s financial communication last Friday in the Tunis Stock Exchange.

The company also said its investments will reach 107 million Tunisian dinars (MTD) in 2015 against 65 MTD, up 42%.

These investments concern cogeneration, the powder unit and the upgrade plan.

Moreover, SOMOCER has decided to increase its capital by 15 million dinars. This increase will be finalized at the Extraordinary General Meeting of the company on December 10, 2015.

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