on TONNELERIE FRANCOIS FRERES (EPA:TFF)
TFF Group's 2024/2025 Half-Year Results Down
TFF Group has published its half-year results for the 2024/2025 financial year, showing a 9.1% decline in revenue to €240.21 million. The results were affected by an uncertain economic context and unfavourable weather conditions. The wine sector fell by 7.2%, while the alcohol division recorded a decrease of 10.9%.
EBITDA stood at 20.9% of turnover, or €50.17 million, down on the previous year. Net profit fell by 41.6%, to €23.82 million. The company noted profitability performance remained solid despite a cyclical decline.
The increase in depreciation and the exchange loss also impacted the results. TFF Group announces cautious annual objectives, anticipating a difficult second half.
R. P.
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