Bizerte Cement Company Releases Q2 2026 Activity Indicators
At the end of the second quarter of 2026, Bizerte Cement Company published activity indicators reflecting a still-constrained industrial context. Clinker production remained completely suspended during the second quarter of 2026, pending the necessary technical and financial conditions for the kiln restart. In response to this situation, the company chose to maintain its grinding activity by sourcing imported clinker, in order to preserve its presence in the local market. This continuity strategy allowed for a cement production of 38,336 tonnes during the period, compared to 41,009 tonnes a year earlier, representing a 6.5% decline.
Key Highlights
- Cement production: 38,336 tonnes (down 6.5% from Q2 2025)
- Lime production: 483 tonnes (down 13.9% from Q2 2025)
- Local sales revenue: 9.199 MDT (down 5.4% from Q2 2025)
- Total debt: 120.970 MDT (including 97.573 MDT in principal debt and 23.397 MDT in accrued interest)
Commercial Performance
The local sales revenue stood at 9.199 MDT for the quarter, representing a 5.4% year-over-year decline. Although contained, this decline is part of the ongoing difficulties faced by the company, related to reduced production capacity and uncertainty surrounding supplies. On a cumulative basis, the sales revenue for the first half of 2026 reached 17.109 MDT, showing a more pronounced decline of 16.9% compared to the first half of 2025.
Financial Situation
The debt situation remains the primary area of focus. The company's total debt amounts to 120.970 MDT as of the end of Q2 2026. This includes a principal debt of 97.573 MDT and accrued interest of 23.397 MDT. The working capital loans, which finance the company's cash flow needs, total 25.409 MDT. It is precisely to address this significant liability that the implementation of the restructuring plan is a crucial step.
Restructuring Plan
The restructuring plan, which includes both financial restructuring with banks and operational measures to relaunch the business, has already enabled the opening of discussions with creditors and the finalization of a business plan. The objective of this plan is to restore a sustainable trajectory for the company.
Outlook for Q3 2026
For the third quarter of 2026, the company has a clear ambition: to continue executing its restructuring plan while maintaining cement production through imported clinker supplies. A contract for 150,000 tonnes of clinker, financed by a bank loan, has been concluded to secure the company's needs for the coming months. This should enable the company to maintain a minimum level of activity and preserve its market share in the cement segment.
Strategic Objectives
In parallel, Bizerte Cement Company intends to:
- Strengthen its control over production and distribution costs
- Consolidate its commercial position in the local market
- Preserve a favorable social climate, an essential condition for the success of the recovery process
This second quarter of 2026 appears to be a transition period for the company, where operational and financial indicators remain oriented downward, but the foundations for a recovery are gradually being put in place. The success of the restructuring plan and the effective restart of the clinker kiln, the schedule for which has not yet been specified, will remain the two main challenges for the coming months, determining the company's sustainability and its ability to regain durable growth.
