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Teract Hits Revenue Targets Amidst Market Challenges

Teract Hits Revenue Targets Amidst Market Challenges

Teract (FR:TRACT) has released an update.

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Teract maintains steady annual revenue reaching €911.5 million in 2023-2024, achieving its financial targets despite challenging conditions, including adverse weather and low consumer confidence. The company saw significant growth in its Food Retail sector by 55.5% and maintained a strategic focus on exclusive brands and digital expansion in its Garden Centre/Pet Retail division, though this sector experienced a slight decline in sales.

For further insights into FR:TRACT stock, check out TipRanks’ Stock Analysis page.

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