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Lettre d'Hudson 22-06-18

Cette semaine le marché a enregistré une baisse de 0,21% par rapport à la semaine dernière. Ainsi, l’indice BRVM Composite s’est établi à 218,79 points contre 219,24 points la semaine précédente.

Weekly Comments 06-22-18

This week the market decreased by 0.21% compared to last week. Thus, BRVM Index stood at 218.79 points against 219.24 points last week.

Impressive improvement in Q4 2015!

On 31/12/2015, the sales volumes were up by 5%. The local sales grew up by 7% to 5 935 Ghw vs. 5 569 Gwh a year ago. However, the export demand declined by 5% to reach 855 Gwh vs. 897 Gwh, by the end of December, 2014. The customers’ base recorded a significant improvement. BTA customers’ number (domestic consumption) reached 1.428 mio vs. 1.311 mio, an increase of 9%. In addition, HTA customers’ number (large industrial customers) also increased by 9% to 4 462 customers by the end of 2015...

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.

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