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News Carthage Cement points to positive future

Carthage Cement points to positive future

Written by Global Cement staff 09 October 2019
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Tunisia: Carthage Cement has announced a general improvement in its financial indicators as it forecast a gross operating income of US$25m for 2019. This would represent a 123% improvement from US$11.2m in 2018. Ibrahim Sana, Carthage Cement’s CEO anticipates a gross operating income as high as US$55m in 2023, with a targeted turnover of US$140m.

The company also announced a 0.1Mt export contract for cement to be sent to Spain.

Published in Global Cement News
Tagged under
  • Tunisia
  • Carthage Cement
  • Results
  • Forecast
  • GCW426
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