Tunisia: Total revenue of listed companies exceeds 25 billion dinars
The activity indicators of listed companies for the fiscal year 2024 show an overall revenue increase of 3.2% compared to 2023, reaching 25.1 billion dinars, up from 24.3 billion dinars.
Of the 71 companies that have published their indicators, 53 (75%) reported improved cumulative revenues compared to the previous year.
The 20 companies comprising the Tunindex20 accounted for 15.5 billion dinars (62% of total revenue), marking a slight increase of 1% compared to the previous year.
In the banking sector, the cumulative Net Banking Income (NBI) of the 12 listed banks reached 7,102 million dinars (MD) in 2024, up from 6,709 MD in 2023, reflecting a 5.9% growth.
Meanwhile, the cumulative net leasing income of the 7 listed leasing companies rose by 6.4% in 2024 compared to 2023, reaching 562 MD, up from 528 MD.
For the 6 insurance companies, the total amount of premiums issued reached 1,522 MD, compared to 1,394 MD, showing a notable increase of 9.2%.
The financial sector, which includes 28 listed companies and represents the largest market capitalization, generated total revenue of 9,224 MD, up from 8,663 MD in 2023, a 6.5% increase.
In the Consumer Goods sector, the total revenue of the three major agro-industrial groups (Poulina Group Holding, Délice Holding, and SFBT) declined by 1.4%, reaching 6,178 MD compared to 6,263 MD in 2023.
The Consumer Services sector, which includes 11 listed companies (including UADH, which has not yet published its indicators), reported total revenue of 5,382 MD, up from 5,019 MD in the previous year.
The revenue of the two listed retail chains grew by 6.6% during the 12 months of 2024, reaching 1,914 MD, compared to 1,796 MD in 2023.
Similarly, the total revenue of the four automotive dealers (excluding UADH) increased by 7.9% as of December 31, 2024, reaching 1,323 MD, up from 1,226 MD in 2023.
Among the twelve sub-sectors, nine showed positive performance. The best-performing sub-sectors were Chemicals with 10.7%, followed by Personal Care and Household Products with 9.4%, Insurance with 9.2%, and Distribution with 8.4%.
Underperformance was mainly observed in three sub-sectors: Industrial Goods and Services (-8.7%), Construction and Building Materials (-14.9%), and Food and Beverages (-1.4%).
The highest revenue increases were achieved by PLACEMENT DE TUNISIE (+86.7%), ARTES (+80.5%), MPBS (+49.3%), and STA (+37.3%).
The largest revenue declines were recorded by ESSOUKNA (-94.6%), CIMENTS DE BIZERTE (-65.4%), SIMPAR (-65.1%), and SOTUVER (-38.4%).
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