Excellent performance for the Senegal Total Group subsidiary. According to data released by the company, in the first half of 2018, it earned an ordinary income before tax of CFOF 5.407 billion, or about 9191 million dollars. This is a show to be welcomed by Total Senegal officials. According to them, compared with the same period of the previous year, the activities increased by CFA 2.392 billion (CFA 3.015 billion CFA for the first half of 2017) in practical terms, an increase in ordinary income before tax of 79.3 %.
In terms of turnover before Senegal's total maturity at the end of June 2018, it also recorded a sharp increase of 21% in relative value, amounting to FRF 184.892 billion compared to FFG 152.488 billion recorded at June 30, 2017 a year earlier. According to Total Senegal, the company's performance is due to a 16.9% increase in domestic sales, with an output of 307,680 tonnes between January and June 2018, compared to 263,306 tonnes in the same market in 2017.
A dynamic to maintain
Based on its results, the French group has announced that it will continue its operational excellence plan combined with the dynamism and know-how of its teams. Total Senegal indicates that this plan should allow the company to continue in the same dynamics by increasing its results in a market driven by the distribution of fuel.
Remember that Total Senegal serves a vast network of 175 petrol stations in Senegal, as well as a business clientele. It is owned by 69.1% of Total and is listed on the BSE (Regional Exchange Scholarship) in February 2015.