Report
Boris AFRAN ...
  • Tessy BROU

SAPH FY23

Revenues decreased by 8.00% to XOF 206.47 billion compared to XOF
224.42 billion in FY22. This decrease is mainly due to a lower SICOM 20
average price compared to FY22, barely offset by the recent appreciation of
the USD/XOF exchange rate. More precisely, the average prices of rubber on
the international market had significantly decrease compared to 2022 (1.38
USD/Kg in FY23 against 1.54 USD/Kg in FY22).
Underlying
Societe Africaine de Plantations d Heveas (SAPH)

Provider
Hudson & Cie
Hudson & Cie

Hudson is an integrated securities firm, member of the West Africa regional stock exchange (BRVM) that offers a large array of financial services including brokerage, custody, sell-side research, investment management, investment banking and advisory, issuer services. Hudson's African and International client base includes governments, financial institutions, high net worth individuals, and corporate from various industries.

Analysts
Boris AFRAN

Tessy BROU

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