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STEF SA ( (FR:STF) ) has issued an update.
STEF Group reported a turnover of 4.8 billion euros for 2024, marking an 8.1% increase from the previous year. The growth was largely driven by acquisitions, despite sluggish food consumption in Europe affecting the fourth quarter’s performance. International activities, particularly in Spain, Portugal, Switzerland, and Belgium, showed strong growth due to commercial developments and strategic acquisitions. However, Italy and the Netherlands faced challenges due to market contractions and slow international flows, respectively.
More about STEF SA
STEF is a European leader in transport and logistics services, focusing on temperature-controlled food products. The company operates across various European countries, with a strong emphasis on activities in France, Spain, Portugal, Italy, the UK, Switzerland, Belgium, and the Netherlands.
YTD Price Performance: 2.90%
Average Trading Volume: 73
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €1.65B
For a thorough assessment of STF stock, go to TipRanks’ Stock Analysis page.