Artes SA operates in the New and used car dealers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Artes SA with three other
automotive dealers and parts suppliers in Africa:
R.T. Briscoe (Nigeria) Plc
sales of 5.18 billion Nigerian Naira [US$14.36 million]
Ennakl Automobiles SA
(404.12 million Tunisian Dinars [US$141.50 million]
of which 83%
was Sale of New Cars), and
City Cars SA
(152.52 million Tunisian Dinars [US$53.40 million]
Artes SA reported sales of 235.40 million Tunisian Dinars (US$82.42 million)
December of 2018.
decrease of 10.3%
versus 2017, when the company's sales were 262.39 million Tunisian Dinars.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Artes SA had sales
of 228.73 million Tunisian Dinars.
Contributing to the drop in overall sales was the 28.7% decline
in Guarantees Sales, from 625,077.00 Tunisian Dinars to 445,633.00 Tunisian Dinars.
There were also decreases in sales in
Sales of New Vehicles (down 11.3% to 212.40 million Tunisian Dinars)
Workshop Sales (down 14.4% to 1.37 million Tunisian Dinars)
However, these declines were partially offset by the increase in sales of
Sales of Spare Parts (up 2.6% to 21.18 million Tunisian Dinars)