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'SAMENA Daily' - News

Tunisia: TELNET Group improves revenues by 20%

TELNET Holding Group revenues increased from 40.6 million dinars in 2020 to 49.1 million at the end of December 2021, up 20.9%.

The R&D activities saw a rise of 24.5% compared to December 31, 2020. This rise is marked, essentially by the increase in business volume at the level of the Electronic Banking business (+27.1%), the Multimedia business (+10.5%) and the Telecom business (+6.4%).

The telecoms and network integration component saw a growth of 30.3% while that of PLM services has shown a regression of 1.25%.

The EBITDA of TELNET HOLDING amounted to 4.9 million dinars, against 4.4 million as of December 31, 2020, while the Group’s EBITDA amounted to 12.4 million dinars against 8.2 million in 2020.

As for the EBITDA margin, it amounts to 54.3% for the company and 25.2% for the Group.



Source: https://en.africanmanager.com/tunisia-telnet-group-improves-revenues-by-20-to-nearly-50-million-dinars-in-2021/

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