Excellent performance for the Total group in Senegal. According to data released by the company, in the first half of 2018, CFAF's regular income from 5.407 billion, or approximately 9.191 million dollars, was realized. This is a performance that should be greeted by Total Senegal officials. According to them, compared to the same period of the previous year, the activities increased by 2,392 billion CFA francs (3,015 billion CFA francs for the first half of 2017), practically, the increase in activity was a normal income before taxation of 79,3%.
Regarding the total turnover of Senegal before taxation at the end of June 2018, it also experienced a significant increase of 21% in the relative value, in the amount of 184.892 billion francs, compared to 152.488 billion CFA francs recorded on June 30, 2017, a year earlier. According to Total Senegal, this performance recorded an increase of 16.9% of its sales in the domestic market, reaching 307.680 tons from January to June 2018 to 263.306 tons for the same period of 2017.
Dynamic for maintenance
Based on its results, the French group announced that it will continue with its operational excellence plan in combination with the dynamics and knowledge of its teams. Total Senegal shows that this plan should allow the company to continue on the same dynamics by increasing its results in the market leader in fuel distribution.
Recall that Total Senegal serves a large network of 175 service stations in Senegal, but also business customers. It is 69.1% owned by Total Group and is on the Regional Stock Exchange (BRVM) since February 2015.