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STEF SA Reports Strong Growth Amid Economic Challenges in 2024

Story Highlights
  • STEF SA is a leader in temperature-controlled food logistics across Europe.
  • In 2024, STEF achieved revenue growth despite economic challenges, focusing on strategic acquisitions.
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STEF SA Reports Strong Growth Amid Economic Challenges in 2024

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STEF SA ( (FR:STF) ) has shared an update.

STEF SA reported its 2024 annual results, highlighting strong external growth despite challenges such as low food consumption and economic tensions affecting the logistics and transport sectors. The company achieved an 8.1% increase in revenue and a 13.5% rise in EBITDA, although its operating result declined by 9.7%. The group continues to focus on strategic growth, including recent acquisitions, while maintaining a dividend policy of distributing one-third of its net result. Looking forward, STEF plans to enter the second phase of its strategic plan, emphasizing operational and cultural integration of acquired companies.

More about STEF SA

STEF SA is a European leader in transport and logistics services, specializing in temperature-controlled food products. The company focuses on providing efficient logistics solutions across various countries, with a strong emphasis on maintaining its strategic market position in the food industry.

YTD Price Performance: 0.76%

Average Trading Volume: 36

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.63B

For detailed information about STF stock, go to TipRanks’ Stock Analysis page.

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