Tunisian Stock Exchange: Listed Companies See Revenue Growth in 2025
The companies listed on the Tunis Stock Exchange have recorded a global increase in their revenues over the first nine months of 2025. According to the BVMT, the global revenue stood at 18.5 billion dinars, compared to 17.5 billion dinars over the same period in 2024, representing a 5.7% increase.
Out of the 72 listed companies, 58 have improved their revenues, accounting for 81% of the enterprises that have published their indicators. As of October 28, 2025, 96% of the companies had communicated their results, while only three companies - AETECH, TUNISIAR, and UADH - had not yet published their indicators.
The 20 companies that make up the Tunindex20 account for 65% of the global revenue, totaling 12 billion dinars, which is a 3.8% increase compared to 2024. The companies with the strongest growth include:
- SOTUVER (+13.9%)
- TPR (+12.9%)
- ATL (+9.3%) The BIAT (+9.7%) and BNA (+8.9%) groups also stand out in the banking sector, while Poulina Group Holding saw its revenues increase by 5.5% to reach 3.07 billion dinars.
On the other hand, some companies have experienced a decline, including:
- Carthage Cement (-11.8%)
- Euro-Cycles (-13.1%) Despite these underperformances, the overall trend remains positive, illustrating the resilience of Tunisian large caps in a complex regional context.