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
| Resultats (000 EUR) | 2017 | 2018 | 2019 | 2020 | 2021 | Average growth |
|---|---|---|---|---|---|---|
| Revenues | 18,208 | 18,869 | 21,691 | 21,868 | 22,727 | 6% |
| Recurring EBITDA | 10,038 | 10,111 | 11,213 | 11,663 | 11,651 | 4% |
| Recurring operating result | 7,020 | 7,168 | 7,831 | 7,863 | 8,002 | 3% |
| Cash-flows (000 EUR) | 2017 | 2018 | 2019 | 2020 | 2021 | Average growth |
| Operating cash-flows | 8,706 | 11,742 | 10,744 | 8,591 | 9,648 | 3% |
| Investment cash-flows | (6,421) | (5,416) | (1,040) | (5,822) | (8,916) | 9% |
| Financing cash-flows | (2,532) | (4,436) | (6,501) | (4,557) | (1,778) | |
| Cash and equivalents on December 31st | 3,674 | 5,564 | 8,767 | 6,979 | 5,933 | |
| Per share (EUR) | 2017 | 2018 | 2019 | 2020 | 2021 | Average growth |
| Price on December 31st | 30.2 | 27 | 37.2 | 38 | 32.4 | |
| Maximum price | 37 | 30.7 | 38.4 | 40.2 | 38.6 | |
| Minimum price | 29.9 | 26.1 | 27.0 | 30.8 | 31.1 | |
| Bruto dividend | 0.81 | 0.97 | 1.16 | 1.29 | 1.43 | 15% |