Malteries Franco-Belges (FR:MALT) has released an update.
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Malteries Franco-Belges reported a successful 2023-2024 fiscal year with a 10% increase in sales to €145.1 million, driven by strong barley yields and good production performance. The company’s net profit rose significantly to €44.6 million, reflecting improved operational efficiency and contributions from international subsidiaries. Despite market challenges, the company continues its growth and transformation efforts, focusing on sustainability and expanding its range of specialty malts.
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