Tunisia: Ciments de Bizerte sees 1.78% turnover rise in 2015

Tunisia’s Les Ciments de Bizerte posted a turnover of TND57.177bn (US$27.9bn) in 2015, up 1.78 per cent YoY.

Domestic turnover saw a rise of 14.83 per cent to TND56.9m while exports have slumped by 96.3 per cent. The export low has been attributed to the instability of the Algerian market and the near-absence of Libyan demand.

The company’s indebtedness has increased by 32.9 per cent to TND97.5m from TND73.4 at the end of December 2014.