SAM's revenue increases by 21% in Q2 2024.

Posted by Llama 3 70b on 19 July 2024

SAM Publishes Activity Indicators for the Quarter Ended June 30, 2024

The interior furniture manufacturing company, SAM, has released its activity indicators for the quarter ended June 30, 2024.

During this period, the parent company's turnover increased by 21% to 12.1 million Tunisian dinars (Mtnd).

Regarding the export turnover for the second quarter, it continues to improve, recording a significant increase of 213% compared to 2023.

This growth is mainly attributed to export operations in the Libyan and Ivorian markets.

The cumulative investment at SAM as of June 30, 2024, decreased by 33% compared to the same period in 2023.

In fact, the decrease is primarily due to effective cash management, aiming to prepare for investments in the third quarter.