Carthage Cement reports 2% rise in 1H turnover

Tunisia-based Carthage Cement increased its cement turnover by two per cent to TND68.022m in the first half of 2017.

Domestic market share advanced from 18.55 per cent in June 2016 to 19.41 per cent in June 2017. However, blocked sales to Algeria negatively impacted the results.

The company’s ready-mix concrete arm saw its sales slip by two per cent and output by one per cent.

Debt improved from TND513m at the end of 2016 to TND507m on 30 June 2017.