TFF Group (FR:TFF) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
TFF Group has reported a strong fiscal year with turnover rising by 10.6% to €486.5M and net results up by 7.5% to €58.4M, driven by robust growth in their Alcohol division, particularly in the Bourbon market. The company’s financial structure has also been reinforced, with equity increasing to €511M and a controlled net debt, while setting a confident turnover goal of around €500M for the next fiscal year. TFF Group’s diversification strategy and recent investments, especially in the Bourbon sector, have significantly contributed to their positive performance and outlook.
For further insights into FR:TFF stock, check out TipRanks’ Stock Analysis page.