Tunisian companies Poulina Group and Telnet report strong H1 2026 results

Tunisian companies Poulina Group Holding and Telnet Holding reported strong financial performance for the first half of 2026.

Poulina Group Holding saw its consolidated net profit rise by 29.4% year-on-year to 94.9 million dinars. While operating revenue grew by 7.9% to 1,866 million dinars, the group managed to keep operating expenses growth at 7.8%, despite rising supply costs and a 15.1% increase in payroll. This management discipline resulted in an 8.3% increase in operating income to 178.3 million dinars. Profitability was further bolstered by a 37.8% jump in the share of results from equity-accounted companies, driven by key subsidiaries Ennakl Automobiles, BH Assurance, and JM Holding.

Telnet Holding reported a net profit of approximately 4.9 million dinars, a 20% increase compared to the previous year. The group’s operating income rose by 32% to 5.8 million dinars, even as revenue remained relatively stable at 43.8 million dinars. The company also saw a 17% increase in cash reserves, reaching 18.5 million dinars. Additionally, the group expanded its footprint with the creation of a new subsidiary, Telnet West Africa, in Niger.