As of December 31, 2023, VIVO ENERGY CI's revenues increased by 12.64% to XOF 550.70 billion against XOF 488.90 billion in 2022. This increase is mainly explained by volume and price effects with: ✓ the acquisition of new customers and expansion of the service station network, representing 7% growth, ✓ the rise in prices at the pump between 2022 and 2023. Particularly for unleaded Super (+8%), Oil (+2%) and Diesel (+5%).
​Despite the good operational prospects, VIVO ENERGY stock is currently overvalued.In fact, the market anticipates an outstanding performance for the entire year (2015), based on the sharp growth (+53.71%) recorded in H115 Ordinary activities income. As a consequence of these positive expectations, investors are paying the stock with a high premium. Therefore, the current market price is higher than the company fair value of 72 300 based on 2015 results.
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