reports
- Boris AFRAN
- Tessy BROU
SICABLE FY23
Sicable's 2023 financial year was marked by the diversification and rebalancing of its client portfolio which materialized in the second half of the year with these notable events: - Its two historical distributors, which accounted for 80% of the total in 2022, represented 55% in 2023, while overall sales volume with distributors increased by 23%. - Conclusion and implementation of a frame contract with CI ENERGIES - Maintaining strategic positions in the utilities sector, drawing on loc...
SICABLE FY2017
Revenues decreased by 19.14% to XOF 12.48 billion in 2017 (higher than our estimation of XOF 11.62 billion) compared to XOF 10.47 billion in 2016. This growth is mainly explained by the execution of the Ivorian Government’s electrification projects, which were previously postponed to 2017.
SICABLE Report Updated (January 2018)
Established since 1976, SICABLE is an Ivorian based company. The company is one of the various subsidiaries of “PRYSMIAN CABLES ET SYSTEMES FRANCES SAS”, which itself is a subsidiary of the Italian group PRYSMIAN. SICABLE manufactures low voltage cables in aluminum and copper for use in industry, construction, infrastructure, and overhead and underground networks. Moreover, the company trades the special high and medium voltage cables (for the sectors of mines, ports, airports, etc...), and acce...
SICABLE Report (July 2016) West African Stock Exchange (BRVM)
SICABLE has a potential for growth as the sales will benefit from the new infrastructure and electrical network development in most African countries. However, we recommend a hold, because the stock shows a potential growth of only 7.40% based on 2016 results at XOF 116 000. This situation is explained by the fact that the market has already taken into account the company good outlook in the stock price. Regarding the middle term target price (XOF 124 000 based on 2017 results), the stock ...
SICABLE Full Year 2015 BRVM
​SICABLE plans to take advantage of the government’ development programs for the access to electricity for all in Cote d’Ivoire.Regarding the marketing side, SICABLE continues its efforts to regain the market share lost in export markets in spite of the strong competition and the dismantling of customs barriers and the growth in the number of tax-free market.2016 will be marked by the achievement of the upgrading plan for increasing the production capacity. Faced to the funding requirement...
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