Cote d’Ivoire: Sicable Posts Loss in Q1 As Maintenance Halt, Metal Price Surge Bite

Sicable, the Abidjan-based electric cable maker and Ivorian subsidiary of Italy’s Prysmian Group, swung to a net loss of 221.7 million FCFA ($397,500) in the first quarter of 2026, from a profit of 211.2 million FCFA ($378,700) in the same period of 2025.

Revenue fell 26.5% to 3.79 billion FCFA ($6.8 million) from 5.16 billion FCFA ($9.3 million) a year earlier, as a planned overhaul of the company’s production machines cut sales volumes by 27%.

The operating result turned negative, coming in at…