Societe Generale Industrielle de Filtration S.A.

  • TickerGIF
  • ISINTN0007130016
  • ExchangeTunis Stock Exchange
  • SectorAutomobiles & Parts
  • CountryTunisia

Analysts

Clearer sky

GIF Filter posted its figures for the nine first months of the year, showing a 9.3% revenue increase to TND9.991m vs. TND9.140m a year ago. The domestic market showed an improvement of 8.3% to TND7.627m. The export sales jumped by 12.4% to reach TND2.364m. Furthermore, the production was down by 9.3%, yoy. The investments engaged during the first nine months of the year amounted to TND1.125m vs. an investment of TND0.535m by the end of September 2016, oriented mainly to the renewal of the commercial and logistics park (for an amount of TND0.662m), and the acquisition of industrial equipment li...

Moody's: BNP Paribas and Societe Generale will continue to feel pinch from ultra-low interest rates, but geographic and business diversification will help to offset pressures on profitability

Announcement: Moody's: BNP Paribas and Societe Generale will continue to feel pinch from ultra-low interest rates, but geographic and business diversification will help to offset pressures on profitability. Global Credit Research- 25 Apr 2017. London, 25 April 2017-- Geographic and business diversification-- a key credit strength for both BNP Paribas and Societe Generale-- will help to offset the profitability pressures of their retail banking operations in France, says Moody's...

A good Q1

GIF Filter posted its figures for the first quarter of the year, showing a 20.7% revenue increase to TND3.855m vs. TND3.193m a year ago. The domestic market showed an improvement of 16.5% to TND2.792m. The export sales jumped by 33.5% to reach TND1.062m. Furthermore, the production was down by 19.5%, yoy. The investments engaged during the first three months of the year amounted to TND0.552m vs. an investment of TND0.122m by the end of March 2016, oriented mainly to the acquisition of transport and industrial equipment linked to a pleating production line as part of the upgrade program.

A sluggish Q4 2016

By the end of December 2016, the revenues had decreased slightly by -1.1% to TND12.034m vs. TND12.166m a year ago. The domestic market showed a drop of 1% to TND9.420m. The export sales decreased by 1.5% to reach TND2.613m. Furthermore, the production was up by 2%, yoy. The investments engaged during 2016 amounted to TND0.805m vs. an investment of TND2.437m by the end of 2015, oriented mainly to the acquisition of transport and industrial equipment (TND0.575m). The debt amounted to TND2.015m vs.

Expected results

GIF Filter posted its figures for the first nine months of the year, showing a 9.5% revenue increase to TND9.140m vs. TND8.347m a year ago. The domestic market showed a slight improvement of 1.8% to TND7.037m. The export sales jumped by 46.5% to reach TND2.102m. Furthermore, the production was up by 8.9%, yoy. The investments engaged during the first three quarters of the year amounted to TND0.534m vs. an investment of TND2.437m by the end of 2015, oriented mainly to the acquisition of transport and industrial equipment.

Moody's: BNP Paribas and Societe Generale will continue to feel pinch from ultra-low interest rates, but geographic and business diversification will help to offset pressures on profitability

Announcement: Moody's: BNP Paribas and Societe Generale will continue to feel pinch from ultra-low interest rates, but geographic and business diversification will help to offset pressures on profitability. Global Credit Research- 25 Apr 2017. London, 25 April 2017-- Geographic and business diversification-- a key credit strength for both BNP Paribas and Societe Generale-- will help to offset the profitability pressures of their retail banking operations in France, says Moody's...

Clearer sky

GIF Filter posted its figures for the nine first months of the year, showing a 9.3% revenue increase to TND9.991m vs. TND9.140m a year ago. The domestic market showed an improvement of 8.3% to TND7.627m. The export sales jumped by 12.4% to reach TND2.364m. Furthermore, the production was down by 9.3%, yoy. The investments engaged during the first nine months of the year amounted to TND1.125m vs. an investment of TND0.535m by the end of September 2016, oriented mainly to the renewal of the commercial and logistics park (for an amount of TND0.662m), and the acquisition of industrial equipment li...

A good Q1

GIF Filter posted its figures for the first quarter of the year, showing a 20.7% revenue increase to TND3.855m vs. TND3.193m a year ago. The domestic market showed an improvement of 16.5% to TND2.792m. The export sales jumped by 33.5% to reach TND1.062m. Furthermore, the production was down by 19.5%, yoy. The investments engaged during the first three months of the year amounted to TND0.552m vs. an investment of TND0.122m by the end of March 2016, oriented mainly to the acquisition of transport and industrial equipment linked to a pleating production line as part of the upgrade program.

A sluggish Q4 2016

By the end of December 2016, the revenues had decreased slightly by -1.1% to TND12.034m vs. TND12.166m a year ago. The domestic market showed a drop of 1% to TND9.420m. The export sales decreased by 1.5% to reach TND2.613m. Furthermore, the production was up by 2%, yoy. The investments engaged during 2016 amounted to TND0.805m vs. an investment of TND2.437m by the end of 2015, oriented mainly to the acquisition of transport and industrial equipment (TND0.575m). The debt amounted to TND2.015m vs.

Expected results

GIF Filter posted its figures for the first nine months of the year, showing a 9.5% revenue increase to TND9.140m vs. TND8.347m a year ago. The domestic market showed a slight improvement of 1.8% to TND7.037m. The export sales jumped by 46.5% to reach TND2.102m. Furthermore, the production was up by 8.9%, yoy. The investments engaged during the first three quarters of the year amounted to TND0.534m vs. an investment of TND2.437m by the end of 2015, oriented mainly to the acquisition of transport and industrial equipment.

A positive H1 2016, but the situation remains difficult

GIF Filter posted its H1 2016 figures, showing a 16.15% revenue increase to TND6.717m vs. TND5.783m a year ago. The domestic market showed a slight improvement of 3.57% to TND4.886m. The export sales jumped by 71.87% to reach TND1.830m. Furthermore, the production was up by 11.6%, yoy. The investments engaged during the first half of the year amounted to TND0.212m vs. an investment of TND2.437m by the end of 2015, oriented mainly to the acquisition of transport and industrial equipment.

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