Listed Companies' Activity Indicators for the 1st Half of 2024: Revenue Up 2.3%
The activity indicators for listed companies for the first half of 2024 reveal a 2.3% increase in global revenue, which now stands at 12 billion dinars, compared to 11.8 billion dinars the previous year.
Out of the 71 companies that have published their results, 72% (51 companies) have seen their revenue increase compared to the previous year.
The 20 companies listed on the Tunindex20 have generated 7.7 billion dinars, accounting for 64% of the global revenue, a stable figure compared to the previous year. As of the publication deadline on July 19, 2024, 30 companies (39% of the stock market) had communicated their results for the 2nd quarter. The companies that have yet to publish their results include AETECH, ALKIMIA, ELECTROSTAR, GIF-FILTER, MIP, and UADH.
Sector Analysis:
Financial Sector:
The 12 listed banks have recorded a 5.7% increase in their Net Banking Product (PNB), reaching 3,502 million dinars. The listed leasing companies have seen their global revenue increase by 7.1% to 269 million dinars. The six insurance companies have observed a 10% growth in premiums issued, totaling 835 million dinars. The global revenue of the financial sector has progressed by 6.7%, reaching 4,639 million dinars.
Consumer Goods Sector:
The large agro-food groups have suffered a 3.6% decline in their global revenue, to 2,961 million dinars. On the other hand, car dealerships (excluding UADH) have seen a 12.3% increase in their turnover, reaching 619 million dinars.
Consumer Services Sector:
The global turnover of the two listed large retailers (Monoprix and Magasin Général) has grown by 7.7%, reaching 828 million dinars.
In general, five out of the nine sectors have posted positive performances. The telecommunications sector has recorded the strongest growth with 28.3%, followed by the technology sector with 10.4%.
The sub-sectors of distribution (+10.8%), insurance (+10%), and financial services (+9.5%) have also shown notable increases. The most significant declines were observed in industrial goods and services (-12.7%) and building materials and construction (-10.8%).
