The GCR Rating agency has raised the rating for the long term of TotalEnergies Marketing Senegal, taking it from A (WU) to AA (WU). This qualitative leap testifies to increased financial flexibility and of a spectacular deleveraging of the oil company

According to the September 2025 report, this Above all, the increase reflects a significant improvement in liquidity and the operational resilience of the company. Although its turnover has experienced a slight contraction of 3% to 484.9 billion CFA francs, TotalEnergies Marketing Senegal was able to strengthen its margins thanks to management rigorous in terms of its expenses and its working capital requirements.

The figures published by GCR are particularly eloquent: net debt fell by 91.4% in 2024, bringing the net debt/EBITDA ratio at an almost zero level (0.2x). This performance financial allows the company to generate comfortable cash flows, largely covering its investments and the payment of dividends. The net income thus jumped to 7.1 billion CFA francs, supported by a policy of effective placement.

Despite a slight decrease in its share of market (established at 21% in 2023), TotalEnergies maintains its leading position in Senegal. Its dense territorial network, its recognized brand and the diversification of its services (fuels, lubricants, LPG gas) constitute solid barriers in the face of increasingly aggressive competition.

GCR Rating accompanies this rating with a stable perspective. The agency believes that the support of the international group TotalEnergies, combined with a strategy to expand the network and revitalization of the LPG activity, will allow the Senegalese subsidiary to maintain its dominant position. For the future, a new upgrade will depend on the continuous improvement of the operational environment and the ability of the company to control inflationary pressures.