Brewery: The Solibra company makes a profit of more than 17 billion FCFA in 2020

The Société de Limonaderie et brasseries d’Afrique (SOLIBRA) posted an after-tax profit of FCFA 17.520 billion (€ 26.280 million) at the end of fiscal year 2020, announced the directors of this Abidjan-based company.

Compared to the 2019 financial year when it stood at 13.095 billion FCFA, this profit increased by 33.79%. The turnover and other products of the company, however, increased slightly by 1.93% to 229.359 billion FCFA against 225.004 billion FCFA in 2019.

Purchases of materials, goods and changes in inventory were reduced by 866 million with a level falling from 48.035 billion FCFA as of December 31, 2019 to 47.169 billion FCFA as of December 31, 2020. The same downward trend characterizes the item Other purchases and charges. external which stands at FCFA 108.002 billion against FCFA 116.490 billion in 2019 (-8.48 million).

As for the added value of Solibra, it was reinforced by 23% with an achievement which rose from 60.480 billion FCFA in 2019 to 74.187 billion FCFA as of December 31, 2020. The personnel costs of the company have increased. of 1.277 billion FCFA, amounting to 23.566 billion FCFA against 22.289 billion FCFA in 2019. Gross operating income was boosted by 32.54% to 50.621 billion FCFA against 38.191 billion FCFA in 2019.

The operating result follows the same upward trend to 27.415 billion FCFA against 17.267 billion FCFA in 2019 (+ 58.77%). Solibra’s equity rose from FCFA 109.255 billion in 2019 to FCFA 126.775 billion in 2020. As for financial debts and similar resources, they were recorded at FCFA 50.444 billion against FCFA 61.267 billion at the end of 2019.

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