TFF Group (FR:TFF) has released an update.
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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.
