{"id":490242,"date":"2026-04-23T08:32:06","date_gmt":"2026-04-23T08:32:06","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/04\/23\/industry-sicable-company-incurs-a-loss-of-221-7-million-cfa-francs-in-the-first-quarter-of-2026\/"},"modified":"2026-04-23T08:32:13","modified_gmt":"2026-04-23T08:32:13","slug":"industry-sicable-company-incurs-a-loss-of-221-7-million-cfa-francs-in-the-first-quarter-of-2026","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/04\/23\/industry-sicable-company-incurs-a-loss-of-221-7-million-cfa-francs-in-the-first-quarter-of-2026\/","title":{"rendered":"Industry: Sicable company incurs a loss of 221.7 million CFA francs in the first quarter of 2026"},"content":{"rendered":"
<\/div>

At the end of the first quarter of 2026, the Ivorian cable company (Sicable), a member of the PRYSMIAN Group, a world leader in electrical cables, incurred a loss of 221.7 million CFA francs (399,060 dollars), announced the leaders of this company based in Abidjan.<\/p>\n

This company had however recorded a profit of 211.2 million CFA francs in the first quarter of 2025, representing a negative variation of 205%. Similarly, at the end of the 2025 financial year, it had achieved a profit of 1.704 billion CFA francs.<\/p>\n

As for the turnover, it experienced a decrease of 26.5% with a realization that dropped from 5.164 billion CFA francs in the first quarter of 2025 to 3.793 billion CFA francs a year later. The leaders of Sicable note in their activity report that during the period under review, “the activity was temporarily affected by a planned periodic maintenance operation of the machinery park, leading to a 27% decrease in sales volumes compared to 2025 and a corresponding decrease in turnover.” They add that the inflationary context of metal prices on the London Metal Exchange (LME) with a 23% increase in 3 months significantly contributed to increasing expenses, with the operating result standing at -237 million CFA francs compared to +432 million CFA francs on March 31, 2025 (-155%).<\/p>\n

“The full restart of production, combined with a growing demand in the electricity market observed in April, allows us to approach the second quarter and the following ones with prospects for catching up and normalizing performance,” emphasized the leaders of Sicable regarding the emerging prospects for the company.<\/p>\n

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At the end of the first quarter of 2026, the Ivorian cable company (Sicable), a member of the PRYSMIAN Group, a world leader in electrical cables, incurred a loss of 221.7 million CFA francs (399,060 dollars), announced the leaders of this company based in Abidjan. This company had however recorded a profit of 211.2 million<\/p>\n","protected":false},"author":536282,"featured_media":490243,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[15971],"tags":[],"class_list":["post-490242","post","type-post","status-publish","format-standard","has-post-thumbnail","category-industry","pmpro-has-access"],"yoast_head":"\nIndustry: Sicable company incurs a loss of 221.7 million CFA francs in the first quarter of 2026 - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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