New Body Line Announces Quarterly Revenue of 1,778 MTND, Up 11.9% Year-Over-Year
New Body Line has announced a quarterly revenue of 1,778 MTND, representing an 11.9% increase year-over-year. During the last quarter of the year, the share of smart lingerie in the revenue structure decreased, contributing 42.9% as of December 2024, compared to 66.8% during the same period in 2023. This shift benefited basic lingerie, a segment that saw sales surge by 74.9% to 1,014 MTND.
For the entire year, revenues declined by 10.0% to 5,920 MTND, due to the same trend: a 13.8% increase in basic lingerie sales to 3,250 MTND and a 28.3% decrease in smart lingerie sales to 2,669 MTND.
In terms of production, New Body Line manufactured and sold 161,374 pieces during the last quarter of 2024, up 11.9% compared to the same period in 2023. The company produced more basic items. The management must navigate the challenging period for the textile industry in Europe, given limited purchasing power. In 2024, production decreased by 9.8% to 474,852 pieces.
On the investment front, the company did not spend anything during the last three months of the year, but the annual envelope reached 0.111 MTND. Its debt remains zero, a characteristic unique among industrial companies listed on the Tunis Stock Exchange.
During the fourth quarter, New Body Line worked with 14 clients, including 5 local ones. Its commercial expansion policy allowed it to secure new clients who will place new orders in 2025. The decline in inflation in Europe is expected to improve purchasing power and encourage clients to build up their stocks, a policy that will favor New Body Line.
