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:
sales of 404.12 million Dinar [US$142.50 million]
of which 83%
was Sale of New Cars),
R.T. Briscoe (Nigeria) Plc
(5.18 billion Naira [US$16.89 million]
City Cars SA
(152.52 million Dinar [US$53.78 million]
Artes SA reported sales of 235.40 million Dinar (US$83.00 million)
December of 2018.
decrease of 10.3%
versus 2017, when the company's sales were 262.39 million Dinar.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Artes SA had sales
of 228.73 million Dinar.
Contributing to the drop in overall sales was the 28.7% decline
in Guarantees Sales, from 625,077.00 Dinar to 445,633.00 Dinar.
There were also decreases in sales in
Sales of New Vehicles (down 11.3% to 212.40 million Dinar)
Workshop Sales (down 14.4% to 1.37 million Dinar)
However, these declines were partially offset by the increase in sales of
Sales of Spare Parts (up 2.6% to 21.18 million Dinar)