Cote d’Ivoire: Brvm-Listed Vivo Energy Net Income Jumps 63 Percent in Third-Quarter

TLDR

• Vivo Energy Côte d’Ivoire (SHEC) records a 12% revenue increase in Q3 2024, driven by a 9% volume growth mainly from aviation and corporate sectors.
• Operating profit surges by 67% to 7.54 billion FCFA, supported by increased sales and controlled expenses.
• Despite a decline in financial income, net income rises by 63% to 2.85 billion FCFA in the year-over-year comparison.

Vivo Energy Côte d’Ivoire (SHEC) posted a 12% rise in revenue for Q3 2024, reaching 445.54 billion FCFA compared to…