SFBT Records Resilient Second Quarter 2025
The SFBT has reported a resilient second quarter 2025, with a turnover (excluding taxes) of 238,178 MTND, representing a 1.0% annual increase. Local sales of carbonated beverages totaled 54,114 MTND, a 13.1% decrease compared to the same period in 2024. Similarly, exports declined by 54.1% to 3,394 MTND. For the entire first half of the year, the turnover of carbonated beverages in Tunisia reached 92,823 MTND (-6.4% year-over-year), while exports stood at 7,706 MTND (-31.8% year-over-year). Over the first six months of the exercise, production decreased to 9,372,258 cases.
Note: The downward trend in carbonated beverage sales is explained by the establishment of a dedicated billing center for SGBIA products (cans and PET) within the SFBT-Charguia plant. As a result, the La Charguia plant no longer sells its production in glass bottles. This operational change has mechanically reduced the volume billed directly by the parent company, without reflecting a real decline in the group's overall activity. Regarding exports, the decline is mainly due to the delay in supplying solid stoppers, which became mandatory in Europe since July 2024.
Beer Sales Show Improvement
In contrast, beer sales have shown improvement. The local market saw sales of 171,673 MTND, a 10.1% increase compared to the second quarter of 2024. Export activity remains small, at 1,753 MTND. Since the beginning of the year, local beer sales have reached 241,911 MTND (+1.4% compared to June 2024), while exports stood at 2,176 MTND.
Investments
Investments totaled 13,391 MTND, including 5,023 MTND in packaging, 3,378 MTND in equipment, and 4,850 MTND in civil engineering.
SFBT Remains a Safe Bet
SFBT confirms that it remains one of the safest values on the Tunisian stock market. Its annual return is 16.72%, and the figures indicate a good semi-annual result. A title to keep in your portfolio.
