SFBT stock: SFBT reports TND 661.84 million revenue and analysts target SFBT stock at TND 18.70

Published on 10/24/2026 at 05:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine-month revenue reached TND 661.84 million, up 5.50 percent year over year. One analyst sets a TND 18.70 target for SFBT stock.

Growth and capital allocation

SFBT reported TND 661.84 million in nine-month revenue on October 20, 2026, up 5.50 percent year over year.
Local beer revenue reached TND 474.33 million through September 2026, compared with TND 437.05 million a year earlier.
SFBT invested TND 45.39 million through September 2026, compared with TND 19.90 million in the prior-year period.

SFBT, TN0001100254, Illustration mit AI erstellt.

SFBT (ISIN TN0001100254) reported TND 661.84 million in revenue for the first nine months of 2026, up 5.50 percent from TND 627.26 million a year earlier. The operating update was published on October 20, 2026, and Zonebourse identifies the issuer and ISIN. A separate Investing.com page lists one analyst target at TND 18.70.

What drove the revenue increase?

Beer was the main growth engine through September. Local beer revenue rose to TND 474.33 million from TND 437.05 million in the comparable 2025 period, an increase of 8.50 percent. Beer sales volume also reached 1.38 million hectoliters, compared with 1.28 million a year earlier, according to ilBoursa.

The mix was uneven. Nine-month local soft-drink revenue fell to TND 144.54 million from TND 151.80 million, while export soft-drink revenue increased to TND 16.32 million from TND 13.71 million. The contrast leaves beer as the clearest contributor to the reported growth.

Investment reached TND 45.39 million

SFBT invested TND 45.39 million through September 2026, compared with TND 19.90 million in the prior-year period. Equipment accounted for TND 18.99 million of the cumulative investment, while the company said TND 19.24 million was directed to its Bab Saadoun plant. The reported bank balance stood at TND 438.58 million at September 30, 2026.

Business scale remains substantial

The company describes itself as a Tunisian food and beverage group centered on producing and marketing drinks. On its corporate website, SFBT says it holds more than 80 percent of Tunisia's beer market, more than 80 percent of the carbonated-drinks market and 30 percent of the bottled-water market.

The next investor takeaway is the balance between categories: beer supplied the expansion, while soft drinks showed weaker local volume and revenue. The October operating figures therefore give investors a more detailed view of the group's growth mix than the headline revenue increase alone.