Great return for Total Group's subsidiary in Senegal. According to the company's data, in the first half of 2018, it earned a total pre-tax income of CFOF 5,407 billion or approximately $ 9,191 million. This is a show welcomed by Total Senegal officials. According to them, compared to the same period last year, the activities increased by CFA 2.392 billion CFA (3,015 billion CFA francs for the first half of 2017), in practice an increase in ordinary income before tax of 79.3 %.
Turning to Total Senegal's pre-tax turnover at the end of June 2018, there was also a significant increase of 21% in relative value, which amounted to FRF 184,892 billion against FRF 152,488 billion CFA recorded on June 30, 2017, a year earlier. According to Total Senegal, the performance recorded by the company is due to an increase of 16.9% of its sales on the domestic market with an achievement of 307,680 tonnes in the period from January to June 2018 compared to 263,306 tonnes in the same market period in 2017.
On the basis of its results, the French team announced that it will continue the business plan of excellence combined with the dynamism and know-how of its teams. The whole of Senegal shows that this plan will allow the company to continue the same momentum by increasing its results in a market where it is the leader in fuel distribution.
Remember that Total Senegal serves a large network of 175 petrol stations in Senegal and a business clientele. 69.1% belong to Total and are listed on the regional stock exchange (BRVM) as of February 2015.