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Tunisia: TELNET Group sees revenues rise 17% at end of September to over TND 40 million

The turnover of the Group TELNET Holding went from 35.2 million dinars on September 30, 2021 to 41.3 million at the end of last September, up 17.3%.

The R&D activities have seen a remarkable growth of 20.8%. It is marked, essentially, by the increase of the business volume in Electronic Banking activity (+20,6%) and the Telecom activity (+14,2%).

The EBITDA of the company TELNET Holding amounted to 4.6 million dinars, as of September 30, 2022, while the Group’s EBITDA amounts to 7.8 million dinars.

As for the company’s EBITDA margin, it stood at 63.39% while that of the Group is amounted to 19%.

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