Automobile Reseau Tunisien et Services SA
BBVMT:ARTES9.90
TND
-0.06
(-0.60%)
ISIN
TN0007300015
Return %
Stock
S&P 500
1Y
- -
14.39
3Y
- -
81.42
5Y
- -
68.62
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- Tunis Tunisia
- IPO Date
- Mar 17, 2008
- Similar Companies
- Business
- Automobile Reseau Tunisien et Services SA is a Tunisia-based automotive distributor and retailer engaged in the importation, commercialization, and after-sales servicing of passenger cars, light commercial vehicles, and automotive replacement components. Founded in 1997 and headquartered in Tunis, Tunisia, the company operates as the official concessionaire for Renault and Dacia vehicles in the domestic market, serving individual consumers, commercial enterprises, and public sector institutions across Tunisia. The company organizes its commercial operations across several primary business segments: New Vehicle Distribution, which encompasses the sale of passenger sedans, compact hatchbacks, sport utility vehicles (SUVs), and light commercial vehicles (LCVs) under the Renault brand, including the Clio, Megane, Captur, Express, Kangoo, and Master, as well as the Dacia brand, including the Duster, Sandero, Stepway, and Logan; Spare Parts and Accessories, which involves the warehousing, wholesale distribution, and retail sale of certified original equipment manufacturer (OEM) replacement parts, mechanical components, lubricants, batteries, and automotive accessories; After-Sales and Maintenance Services, providing vehicle diagnostic testing, periodic mechanical inspections, engine and transmission repairs, bodywork and paint restoration, quick-service maintenance, and warranty support through its centralized service hubs and authorized network of service centers; and Automotive Support Solutions, which delivers fleet management, consumer credit facilitation, leasing arrangements, trade-in programs, and corporate customer support services. ARTES operates a comprehensive nationwide distribution network comprising proprietary showrooms, regional branches, and authorized independent dealer points across Tunisia, and it maintains strategic ties within the Groupe Mzabi automotive cluster alongside affiliate companies such as ADEV and ARTEG. In recent developments, the company has broadened its commercial offering through the rollout of new-generation vehicle iterations, including updated Dacia Duster models and redesigned Renault commercial and passenger lineups equipped with modern efficiency and safety technologies. ARTES has also undertaken operational modernization initiatives across its regional repair workshops and express service bays to improve turnaround times, expanded its digital infrastructure with online service scheduling and digital customer assistance tools, and reinforced strategic alliances with local financial institutions to introduce tailored auto financing and commercial leasing solutions.