The turnover of Sucrivoire, specialized in the production and marketing of sugar, recorded a 13% decrease at the end of the first quarter of 2025 compared to the same period of the 2024 fiscal year, announced the leaders of this company based in Borotou-Koro, a locality located in the Northwest of Côte d’Ivoire.
The company’s activity report indeed indicates a turnover that dropped from 28.842 billion CFA francs (52 million dollars) on March 31, 2024 to 25.085 billion CFA francs (45.154 million dollars) one year later. The leaders of Sucrivoire explain this decrease mainly by “the exceptionally high sales of the fourth quarter of 2024, driven by strong demand and anticipation of possible supply tensions.” According to them, this dynamic allowed wholesalers to replenish their stocks, resulting in a temporary slowdown in demand at the beginning of 2025.
On another note, the operating result experienced a 26% decrease to 4.530 billion CFA francs compared to 6.162 billion CFA francs in the first quarter of 2024. However, the leaders of the company remain reassuring, considering that this expected decrease remains controlled thanks to rigorous and disciplined management, facing a set of external constraints: decrease in sales volumes; unfavorable weather conditions, including a prolonged drought in February and March 2025, which dried up the sugar canes; and inflationary pressure on costs, in a context where selling prices are capped.
As for the financial result, it shows a deficit of 1.238 billion CFA francs compared to a deficit of 1.389 billion CFA francs on March 31, 2024 (-11%).
Regarding ordinary activities, the result shows a 31% decrease, amounting to 3.291 billion CFA francs compared to 4.773 billion CFA francs in the first quarter of 2024.
The same downward trend is observed for the net result, with a balance decreasing from 4.686 billion CFA francs on March 31, 2024 to 3.207 billion CFA francs during the period under review (-32%). “This level of result remains nevertheless honorable and demonstrates Sucrivoire’s ability to preserve its profitability in a constrained environment, while continuing its transformation and adaptation efforts,” said the company’s leaders. It should be noted that the level of net result achieved in the first quarter of 2025 is far superior to that achieved for the entire 2024 fiscal year, where it stood at 2.590 billion CFA francs.
“The year 2025 is a key step for Sucrivoire, with the completion of its financial restructuring and the deployment of the investment program, aimed at modernizing industrial tools, improving agricultural performance, and increasing production capacities,” said the company’s officials. They added that these actions should generate tangible gains in productivity and competitiveness in the upcoming campaigns. In parallel, they note, Sucrivoire continues its commitment to responsible growth through more sustainable practices: optimized resource management, environmental respect, and strengthened local anchorage.
