Societe moderne de ceramique SA
BBVMT:SOMOC0.68
TND
+0.02
(+3.03%)
ISIN
TN0006780019
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
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
- Producer manufacturing
- Industry
- Building products
- Address
- Tunis Tunisia
- IPO Date
- Aug 25, 2005
- Similar Companies
- Business
- Societe Moderne de Ceramique SA (SOMOCER) is a Tunisia-based industrial manufacturing company primarily engaged in the design, production, and commercialization of ceramic tiles, porcelain stoneware, and sanitary ware solutions for the residential, commercial, and infrastructural building sectors. Founded in 1985 and headquartered in Menzel Kamel, Tunisia, the company operates as a key manufacturing entity within the Abdennadher Group. The company's comprehensive product offering comprises ceramic wall tiles, borders, and decorative listellos; glazed porcelain and stoneware floor tiles across multiple dimensions, textures, and technical finishes; vitreous china sanitary fixtures, including washbasins, columns, toilet bowls, flushing cisterns, and bidets; acrylic and sheet-steel bathtubs, hydromassage systems, and shower trays; and complementary bathroom accessories and installation mortars. SOMOCER serves architectural firms, building contractors, wholesalers, and retail consumers through an extensive domestic distribution and showroom network, while exporting products across the Maghreb, Sub-Saharan Africa, the Middle East, and Southern Europe, supported by manufacturing synergies with its ceramic manufacturing subsidiary, Societe Tunisienne d'Email (SOTEMAIL). In recent developments, SOMOCER has undertaken operational restructuring and financial optimization programs to mitigate elevated energy and raw material costs, while enhancing liquidity and working capital management. The company has introduced high-definition digital printing and energy-efficient firing technologies to launch premium, large-format porcelain slabs and eco-designed tile collections, alongside executing a targeted international expansion strategy to scale export volumes in high-growth North and West African markets, particularly Libya.