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