Stef: net profit up in 2023


(AOF) – The Stef group shows an increase in net income, group share, for the year 2023, to 191.6 million euros compared to 146.4 million in 2022. The specialist in temperature-controlled transport and logistics services for food products shows a turnover up 6.8% to 4.44 billion euros and an operating profit up 8.4% to 253 million euros. The group evokes “a year of strategic transformation, marked by the sale of maritime activities and by two structuring external growth operations in Belgium and the Netherlands”.

Stef is continuing its dividend policy of one third of its results, which represents a distribution of 5.10 euros per share, subject to the vote of the General Meeting of April 25, 2024. The dividend proposed for 2022 was of 4 euros per share.

“Despite a context of low food consumption which could continue over the first half of the year”, the group is approaching 2024 “with confidence”.

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