Expected results
On 30/09/2015, sales were modestly up by 3.2%. Local sales grew up by 5.2% to 4 111 Ghw vs. 4 327 Gwh a year ago. Export demand declined by 10.2% to reach 567 Gwh vs. 632 Gwh, yoy. Revenues reached FCFA327.394bn vs. FCFA308.302bn a year earlier, a 6.2% increase, yoy. However, the pre-tax profit decreased by -35.8% to FCFA3.433bn vs. FCFA5.352bn by the end of September 2014. Following the same bearish rhythm, the net profit was pulled down by -45.3% to FCFA1.974bn vs.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
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