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SONATEL: Financial results quarter 3 2019

29/10/2019
Source : Bulletins Officiels de la Cote | BRVM
Categories: Economy/Forex

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  • Revenue

Improvement in revenue growth of +57.4 billion, i.e. +7.5% in annual comparison and +7.0% compared to H1 2019 in all countries:

- Senegal: +4.8% against +4.4% in H1;

- Sierra Leone: +11.7% against +10.8% in H1;

- Bissau: +7.7% against +5.5% in H1

- Guinea: +18.2% vs. +16.6% in H1 with a favorable currency effect mainly on retail;

- Mali: +4.2% against +4.4% in H1 in the face of the stability observed.

  • EBITDA

Acceleration of EBITDA growth of +2.4% on an annual basis, i.e. +8. billion FCFA against +1.2% in H1

  • Net profit

Annual decrease identical to H1 at -9.9% despite the relative stability of operating income, mainly due to the increase in interest charges on borrowings. However, it is better than budgeted.

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