Carthage Cement records 29% increase in turnover

Tunisia’s Carthage Cement has recorded a 29 per cent YoY increase in turnover to TND171.5m (US$59.84m) for the 9M18. This means that the company has reached the annual turnover for 2017 within the first nine months of 2018, according to the African Manager. Clinker exports exceeded TND40m, therefore consisting of 24 per cent of the total turnover.

Despite an 18 per cent decline in the 3Q18, the aggregates business saw a one per cent increase in turnover to TND19m for the nine-month period.