Economy: SODECI rating : Orishas-finance

Version Française

Economy: SODECI rating

07/11/2024

Source : ORISHAS FINANCE

Categories: Economy/Forex

imprimer

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

The Bloomfield Investment Firm Investment Corporation ; a noté la Société de distribution d'eau de Côte d'Ivoire SA to AA ; AA in the Long Term and A1 A1 in the Short Term

with a stable outlook.

The long-term rating reflects very high credit quality, very strong protective factors, harmful changes in business, economic conditions or de manière très peu financial investments that will increase investment risks, although significantly.

Through the drinking water and sanitation lease contracts signed with the State of Côte d'Ivoire, the company operates, maintains and renews existing structures in order to promote access to public drinking water and sanitation services for the Ivorian population.

Over the long term, there is a very high certainty of timely repayment. The liquidity factors are excellent and supported by good protective factors for essential elements. Risk factors are minor. The rating is based on positive factors such as “a continuation of organizational changes aimed at adapting to the anticipated framework of new lease contracts; an improvement in drinking water supply thanks in particular to the work carried out as part of the African Cup of Nations; a good increase in water activity, leading to an increase in the main performance indicators

”.

La Société de Distribution d' Eau de Côte d' Ivoire en abrégé SODECI, est une Société Anonyme créée le 27 septembre 1960, la SODECI a établi son siège social à Abidjan, Treichville et est également cotée à la BRVM since 1998. Son capital social en 2024 s' élève à 4 500 millions de francs CFA et est détenu majoritairement par le groupe Eranove at 46%, while the State of Côte d'Ivoire has a minority stake of 3.25%.

Provided by AWS Translate