Tunisia: Euro-Cycles sees revenue up 27% at end September

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    The company Euro-cycles opens the ball of quarterly publications of the activity indicators of listed companies.

    The bike manufacturer announces having achieved a turnover up 27% to 69.2 million dinars, at the end of last September

    The volume of production, meanwhile, increased by 10% compared to the third quarter of last year to reach 271,759 bicycles, against 247,082 units as of September 30, 2018.

    The Turnover in the 3rd quarter of 2019 showed a 52% increase in figures and 20% in volume compared to the 3rd quarter of the year 2018.

    On September 30, 2019, the investments by Euro-Cycles were of the order of 776,340 dinars.

    In addition, the company’s bank commitments amounted to 26.3 million dinars as of September 30, 2019, posting an increase of 21% compared to September 30, 2019.

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