1. Company Information :
Logo société
| Company name | EURO-CYCLES |
| Date of creation | 1 november 1993 |
| Legal Form | Limited Company |
| National Company Register | T0044463 |
| Sector | Automobiles & Parts |
| Special legislation | Common Law |
| Social object | Manufacturing, assembling, selling, and trading two-wheeled bicycles or any other product related to the world of wheels. |
| Corporate address | Kalâa Kébira Industrial Zone 4060 Sousse |
| Phone | +216 73 342 036 |
| Corporate Website | http://www.euro-cycles.com.tn/ |
| eurocycles@gnet.tn | |
| Listing date and listing modality | 24/06/2013 |
| ISIN code | TN0007570013 |
| Market | Main Market |
| Compartment | A |
| Trading Method | Continuous |
| Trading Group | 11 |
2. Shareholder Relations Officer :
| Full Name | Phone | |
|---|---|---|
| M. GHAZI MOURAD | mourad.ghazi@euro-cycles.com | +216 24 557 777 |
3. Administration, Management and Control
Chef Executive Officer
M. Habib Essayeh
Board of Directors
OGM-
18/06/2025
| Name or Corporate Name | Quality | Represented by | Term of mandate |
|---|---|---|---|
| M. PATRICE GARANDEAU | Member | himself | 2023 - 2025 |
| M.Habib ESSAYEH | Member | himself | 2025 - 2027 |
| MG INVEST | Member | M.Patrice GARANDEAU | 2025 - 2027 |
| M.Mohamed REKIK | Member | himself | 2025 - 2027 |
| M.Michele BERAUDO | Member | himself | 2025 - 2027 |
| M. NADER GHAZOUANI | Member | himself | 2023 - 2025 |
| M.Abderazek LOUATI | Member | himself | 2023 - 2025 |
| M. MONDHER ACHOUR | Member | himself | 2023 - 2025 |
Control
External auditors
| Full Name | Term of mandate |
|---|---|
| -Firm M. AHMED EL KAFSI Chartered accountant | 2024 - 2026 |
| -Firm Ms. YOSRA CHELLY Chartered accountant | 2022 - 2024 |
Committees of the Board of Directors
| Committee | Committee President |
|---|---|
| Audit Committee | M. MONDHER ACHOUR |
4. Main Shareholders:
OGM-
18/06/2025
| Name or Corporate Name | Number of shares | % |
|---|---|---|
| M. Habib ESSEYAH | 3269949 | 33.36 |
| M. Mohamed REKIK | 1039323 | 10.6 |
| M. Mourad GHAZI | 770000 | 7.86 |
| Société MG INVEST | 543413 | 5.54 |
| M.Michele BERAUD | 685497 | 6.99 |
| Other shareholders holding less than 5% of the capital | 3492818 | 35.65 |
| Total | 9801000 | 100 |
5. Key Indicators & Ratios:
| Key figures in DT (1) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Share capital | 9 801 000 | 9 801 000 | 9 801 000 |
| Book Value | 64 094 899,424 | 56 259 856,585 | 61 351 391,438 |
| Revenues excluding VAT | 119 660 294,374 | 109 209 273,356 | 161 413 072,231 |
| Operating income | 21 411 228,523 | 11 862 328,513 | 26 551 505,284 |
| Earnings (2) | 4 959 031,777 | 10 976 340,938 | 16 628 745,381 |
| Dividend per share | 0,600 | 0,300 | 1,000 |
(1) Disclosed in the consolidated annual financial statements or, failing that, in the individual annual financial statements.
(2) Net income Group share for companies publishing consolidated accounts.
(2) Net income Group share for companies publishing consolidated accounts.
| Ratio | 2024 | 2023 | 2022 |
|---|---|---|---|
| PER (1) | 23.3 | 9.4 | 9.5 |
| PBR (2) | 2.2 | 3 | 5.6 |
| Earnings per share | 1,120 | 0,506 | 1,697 |
| Dividend yield % | 2.5% | 6.3% | 6.5% |
(1) Price Earning Ratio
(2) Price to book Value
(2) Price to book Value
6. Share Capital
Capital Structure
| Nature of Securities | Number | % | Nominal (DT) |
|---|---|---|---|
| Ordinary shares | 9801000 | 100 | 1 |
Capital Evolution
| Decision (EGM) | Nominal (DT) | Nature of the operation | Capital evolution | Capital in circulation | ||
|---|---|---|---|---|---|---|
| DT | Equities | DT | Equities | |||
| 1993-11-01 | 50 | Constitution de la Société |
5000 |
100 |
5000 |
100 |
| 1993-12-30 | 50 | Cash Increase |
95000 |
1900 |
100000 |
2000 |
| 1994-05-17 | 50 | Cash Increase |
110000 |
2200 |
2200 |
4200 |
| 1997-01-15 | 50 | Cash Increase |
90000 |
1800 |
300000 |
6000 |
| 1997-05-15 | 50 | Cash Increase |
300000 |
6000 |
600000 |
12000 |
| 2007-06-05 | 50 | Increase through Incorporation of Reserves |
1200000 |
24000 |
1800000 |
36000 |
| 2012-11-23 | 50 | Increase through Incorporation of Reserves |
3600000 |
72000 |
5400000 |
108000 |
| 2012-11-23 | 1 | Reduction in Nominal Value |
|
|
5400000 |
5400000 |
| 2016-04-08 | 1 | Increase through Incorporation of Reserves |
2700000 |
2700000 |
8100000 |
8100000 |
| 2019-05-02 | 1 | Increase through Incorporation of Reserves |
810000 |
810000 |
8910000 |
8910000 |
| 2022-04-22 | 1 | Increase through Incorporation of Reserves |
891000 |
891000 |
9801000 |
9801000 |
8. The instruments of EURO-CYCLES
| Mnemonic | Label | Nature |
|---|---|---|
| ECYCL | EURO-CYCLES | Equity |
| ECY16 | ECYCL DA1/2 010616 | Right of allocation |
| ECY19 | ECYC DA1/10 010719 | Right of allocation |
| ECY22 | ECYC DA1/10 040822 | Right of allocation |