The launch of six new stores during the first semester 2015 seems to have benefitted the Magasin Général group in Tunisia. Its revenue excluding tax for the above mentioned period has risen by 20.78% compared to that of the same period the year before.

During the period under consideration, personnel expenses increased by 22.84% compared to that of the same period during the previous year, logically due to the opening of new stores. However, the ratio of the payroll to the revenue moved from 7.18% at the end of the first half of 2014, to 7.31% at the end of the first semester 2015.

The number of stores has now increased from 78 units at the end of the second quarter 2014 to 84 units at the end of the second quarter 2015, and this, following the launch of 6 new stores. Magasin Général “Rue GHANA” burnt down at the end of December 2014, generating assets and operating losses. This store remains closed.