Solibra reported net profit of CFAF28.10 billion for the first half of 2026, up just 0.5% from a year earlier even as revenue grew 8.7%. The Ivorian beverage producer disclosed the figures in an activity report released to the regional financial market on 30 October.
From January through June, Solibra distributed 3.58 million hectolitres, a 7.1% increase on the corresponding period of 2025. Net revenue reached CFAF180.25 billion, compared with CFAF165.75 billion a year earlier. Yet the stronger sales performance did not translate into a similar increase in operating earnings.
Higher input costs squeeze operating margins
Operating profit fell 1.5% to CFAF38.03 billion from CFAF38.62 billion. Management attributed the decline mainly to higher costs for some production inputs amid a difficult economic environment. As a share of revenue, the operating margin narrowed to approximately 21.1% from 23.3%.
The company’s net financial expense improved to CFAF822.1 million from CFAF994.3 million. Solibra linked the change to gradual repayments of medium-term loans and no use of short-term spot credit during the period. This partly offset the decline in operating profit, while a 4.6% reduction in income tax expense helped keep net earnings near CFAF28.1 billion.
Looking ahead to the second half, management said it remained confident about activity levels while continuing to monitor changes in production input costs.