TFF Group (FR:TFF) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
TFF Group reports a slight decline in its quarterly turnover, citing a -3.3% decrease due to challenging conditions such as weather and economic uncertainties. The wine sector saw a -4.6% drop, and the spirits sector experienced a -2% decline with a temporary slowdown in the bourbon market. The company anticipates a transitional year and is focusing on maintaining profitability with a cautious outlook for the 2024/2025 financial period.
For further insights into FR:TFF stock, check out TipRanks’ Stock Analysis page.