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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe turnover achieved during the first half of the 2019 financial year is slightly down compared to the 1 st half of 2018 (5.7%) following pressure on prices from the competitive environment.
The tonnage of cables manufactured was stable compared to the first half of 2018 (+1.1%)
The tonnage of merchant cables sold increased by 35%.
2019 operating expenses contracted by 15% in order to follow the decline in turnover.
On the local market, sales contracted by 13%.
On the export side, development efforts have led to a significant increase in tonnage sold (+38%)
In this difficult context of increasing competition, Sicable manages to maintain profitability close to 8.5%.
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