Land'Or reports 81.20 percent profit growth: what it means for Land'Or stock

Published on 10/02/2026 at 00:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net profit reached TND 8.30 million in the first half of 2026, up 81.20 percent. For Land'Or stock, exports rose 67.10 percent to TND 23.20 million.

LNDOR, TN0007510019, Illustration mit AI erstellt.

Land'Or (TN0007510019) delivered TND 8.30 million in net profit for the first half of 2026, an 81.20 percent increase from TND 4.60 million a year earlier. The result places export growth and widening margins at the center of the investment case.

Profit expands faster than revenue

According to Tera Finances on September 11, 2026, revenue reached TND 110.60 million in the six months ended June 30, 2026, compared with TND 96.40 million in the prior-year period. That represents 14.60 percent growth, while gross profit climbed 30.50 percent to TND 38.10 million.

Operating profit increased 47.90 percent to TND 13.40 million, and the operating margin reached 12.00 percent, compared with 9.30 percent in the first half of 2025. EBITDA rose 55.20 percent to TND 17.30 million, showing that profitability expanded faster than sales.

Exports reshape growth

African Manager reported on September 12, 2026 that export revenue rose 67.10 percent to TND 23.20 million from TND 13.90 million in the first half of 2025. Exports therefore represented 21.00 percent of total revenue, compared with 14.40 percent a year earlier, while domestic revenue grew 5.80 percent.

The export shift gives Land'Or a measurable growth lever beyond its domestic food business. The company also generated TND 8.70 million in operating cash flow, versus TND 7.30 million a year earlier, while long-term bank debt declined to TND 14.50 million from TND 18.40 million.

Risk remains in Morocco

The first-half figures also carry a specific counterweight. Tera Finances reported a further TND 1.00 million impairment linked to the Moroccan subsidiary, while Land'Or remained jointly liable for financing with TND 14.90 million outstanding at June 30, 2026.

That exposure matters because the earnings improvement is being accompanied by continued support for the overseas subsidiary. For investors, the key test is whether export-led revenue growth can continue while the Moroccan commitment stays contained.

Stock data from Tunis

Land'Or stock was trading at TND 14.90 on the Tunis Stock Exchange on September 28, 2026, unchanged from the prior close of TND 14.90. The 52-week range was TND 9.65 to TND 18.40, and market capitalization stood at TND 205.30 million on that date.