Skip to main content

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;
  • By concurring with the Ten Principles of the United Nations Global Compact 

Key figures

Results (000 EUR) 2015 2016 2017 2018 2019 Average growth
Revenues 19,648 18,392 18,208 18,869 21,691 3%
Recurring EBITDA  9,598  9,740 10,038 10,111 11,213 4%
Recurring operating result 6,486 6,953 7,020 7,168 7,831 5%
Cash-flows (000 EUR) 2015 2016 2017 2018 2019 Average growth
Operating cash-flow  8,666  8,706 11,742 10,744 12%
Investment cash-flow (7,149) (6,421) (5,416) (1,040) (42%)
Financing cash-flow 4,061 3,067 (2,532) (4,436) (6,501)  
Cash and equivalents on December 31st 5,461 3,911 3,674 5,564 8,767  
Per share (EUR) 2015 2016 2017 2018 2019 Average growth
Price on December 31st 33.3 32.6 30.2 27 37.2  
Maximum price 36.7 36.4 37 30.7 38.4  
Minimum price 30.4 29.5 29.9 26.1 27.0  
Gross dividend 0.58 0.69 0.81 0.97 1.16 20%