The subsidiary of the Anglo-Dutch group Shell, Vivo Energy C was sanctioned on the Regional Stock Exchange (BRVM) at the beginning of February 2021. And for good reason, the company has published disappointing figures for the first 9 months of 2020.

Referring to the Covid-10 crisis, Vivo Energy CI officials have published disappointing figures that have cost it dearly. The company in charge of the distribution of petroleum products for the general public, experienced a difficult beginning of February 2021 on the BRVM where it is listed. The value of its share accumulated a loss of 6.98% over the period. A consecutive decline of 0.77% between 25 and 29 January 2021.
At the end of its third quarter of 2020 ending at the end of September, Vivo Energy Côte d'Ivoire announced a turnover of 233.5 billion FCFA, down 11% compared to the same period in 2019. The drop comes as the company had its second largest weekly transaction since November 16, 2020.
Operating income fell 4 times more than sales income (-48%) over the period under review, to only CFAF 2.8 billion. In addition, net profit fell by 51%.