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Teract’s Resilient Performance Amidst Challenges

Teract’s Resilient Performance Amidst Challenges

Teract (FR:TRACT) has released an update.

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Teract has shown resilience in its 2023-2024 financial results, achieving a revenue of €911.5 million despite macroeconomic challenges and unfavorable weather. The company saw significant growth in its Food sector, while its Gardening/Animal sector faced revenue declines. Moving forward, Teract aims to continue expanding its Boulangerie Louise stores and increase own brand penetration in its Gardening/Animal sector.

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

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