Supported by good prospects in 2021, the value of Société de limonaderies et de brasseries (SOLIBRA) shares has just risen for the 7th time. However, the stock remains very illiquid, and its final performance will depend on corn price trends.

After five years of decline on the Abidjan Stock Exchange, the value of the Solibra share is picking up. The subsidiary of the French group Castel, listed on the Regional Stock Exchange (BRVM) in Abidjan, is currently continuing its 7th continuous month of growth. It has shown an increase of 14.5% since the beginning of May 2021, according to market data collected by the Ecofin Agency.

On an annual basis, Solibra is also having its best stock market year since late 2015, when its share value halved. Since the end of 2019, it has increased by 57% and is currently trading at 75,000 FCFA. Solibra has shown resilience in 2020, despite covid-19. Although moderate compared to 2019 (+11%), its 2020 turnover increased by 2% to reach 229.3 billion FCFA.