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Profile and strategy

Formed in 1925, TEXAF is the only company listed on the stock exchange that conducts all of its activities in the Democratic Republic of Congo. Currently, the focus is on real estate, quarrying and the digital sector.

The group wishes to draw on its knowledge on the ground to play a major role in the blossoming of Congo by putting new investment projects into practice. TEXAF wishes to realize its ambitions:

  • By purposefully working within the formal economy;
  • By pursuing a good governance policy toward all economic and social actors;
  • By preferring partnerships with Congolese operators and bringing in high-quality Congolese and expatriate managers when business is running smoothly;
  • By promoting all projects that create value;
  • By maintaining the listing of TEXAF shares on Euronext and favoring measures that help improve the liquidity of shares to give the largest number of savers the opportunity to participate in the anticipated growth of Democratic Republic of Congo.

Key figures

Result (000 EUR) 2014 2015 2016 2017 2018 Average growth
Revenue 18,927 19,648 18,392 18,208 18,869 0%
Recurring EBITDA 10,019 9,598 9,740 10,038 10,111 0%
Recurring operating result 6,938 6,486 6,953 7,020 7,168 1%
Cash-flows (000 EUR) 2014 2015 2016 2017 2018 Average growth
Cash flow from operating activities 6,243 6,819 8,666 8,706 11,742 5%
Cash flow from investing activities (7,326) (9,401) (7,149) (6,421) (5,416) 18%
Cash flow from financing activities (1.649) 4.061 3.067 (2.532) (4.436)  
Cash and cash equivalents at December 31 3,984 5,461 3,911 3,674 5,564  
Per share (EUR) 2014 2015 2016 2017 2018 Average growth
Price on December 31st 32 33,3 32,6 30,2 27  
Maximum price 42 36.7 36.4 37 30.7  
Minimum price 28.8 30.4 29.5 29.9 26.1  
Gross dividend 0.48 0.58 0.69 0.81 0.97 20%