« The consolidated turnover of the group crossed a symbolic bar to 1022 billion FCFA in the year 2018, representing a growth of 5%. The net result is 202 billion FCFA, stable compared to 2017, « said a statement from SONATEL reached Dakaractu on Monday.
This turnover corresponds to a growth of 5% in 2018.
« In the wake of revenue growth, profitability trajectories improved, reflected by the positive growth in EBITDA (earnings before interest, taxes, depreciation and amortization) at 462 billion FCFA, or +2, 2% compared to 2017, « added the text.
The evolution of the main indicators indicates the continuation of the trend of the financial results compared to 2017 despite the strong depreciation of the Leone, the new tax impacts and the sharp decline in incoming international traffic, a major contributor.
This revenue growth remains strong thanks to strong commercial positions and the development of growth drivers, but is slowed down by the continued decline in international inflows.