(AOF) – TFF revealed its half-year results for the 2023-2024 financial year, resulting in a net result of 40.77 million euros, an improvement of 5.2% compared to the first half of 2022-2023. Ebitda, established at 61.77 million euros, was up 18.7% and turnover, at 264.26 million euros, up 13.6%. The Wine division generated a turnover of 127.9 million euros, up 3.5%, while the Alcohol division jumped 25% to 136.3 million euros.
“The half-year performances are notable. We still anticipate growth of more than 10% over the financial year – depending on exchange rate variations – with increasing operational profitability, and we remain just as agile and ambitious, building on the investments made in our markets” , declared Jérôme François, chairman of the management board, quoted in a press release.
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