The total revenue of TAWASOL Group Holding (TGH) reached 90.8 million dinars (MD), for the full year 2025, compared to 72.1 MD in 2024, representing an annual growth of nearly 25.9%.
This positive evolution reflects a sustained and structural growth trajectory, resulting from both an increase in business volume and the ramp-up of several operational projects.
The growth in local revenue remains the primary driver of this performance, while export activity contributes more modestly but continues to improve on an annual basis.
The fourth quarter of 2025 thus played a decisive role in consolidating the Group’s annual performance.
In the fourth quarter of 2025, the Group’s overall production showed a very significant increase compared to the same period in 2024. It reached 30.1 MD, compared to 15.9 MD in Q4 2024, representing a rise of 89.13%.
This performance reflects a clear acceleration of activity at the end of the financial year, driven primarily by the resumption of operational projects and the ramp-up of the Services and Infrastructure division.
For the entire year, the cumulative production as of December 31, 2025, stands at 89.96 MD, an increase of 27.28% compared to 2024 (70.68 MD).
TGH Group continues its investment policy from 2024 to 2025 across all its subsidiaries, with the main objective of strengthening operational capacities and preparing for future growth.
The investment effort has been targeted at key subsidiaries and business lines, aligned with their operational priorities and respective business cycles, reflecting a controlled and value-creating approach.
Within this framework, the Services and Infrastructure division absorbed a significant portion of the investments, mainly dedicated to strengthening technical and operational capabilities through the acquisition and upgrading of equipment necessary for the proper execution of ongoing projects and supporting the ramp-up of activity.
For the 2025 financial year, TGH Group made total investments of approximately 4.76 MD, compared to 5 MD in 2024.
As of December 31, 2025, the Group’s debt stands at 40.19 MD, almost stable compared to 40.42 MD at the end of 2024 (-0.56%). The debt structure is marked by a significant decrease in short-term debt (-29.97%), offset by an increase in medium- and long-term debt (+39.57%).
This evolution reflects a deliberate strategy to extend the maturity of debt in order to reduce short-term cash flow pressure and better finance the Group’s investment and development needs.
