TFF Group: 15% growth in turnover in the 1st quarter


(CercleFinance.com) – TFF Group posted revenue of 125.6 million euros for its first quarter, up 15% (+18% at constant exchange rates and scope), driven by its two wine and alcohol business segments (+10.8% and +25.3% respectively on a comparable basis).

On the strength of this good start to the year 2023-24, the group of livestock products for alcoholic beverages confirms its announced objective of growth in its activity of more than 10% for the current financial year, excluding external growth.

Furthermore, it announces the acquisition of Biossent, a specialist in grinding, thermo-treatment and extraction of oak used for the production of extracts for wines and spirits, representing more than four million euros in turnover. annual business.

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