Stef: net income, group share pretty flat
(CercleFinance.com) - On Thursday evening Stef, a group specialised in cold logistics for temperature sensitive and agro food products, reported net income, group share of 94.
4 million euros, virtually flat relative to 2017 (+0.8%).
However. sales growth was better: +9.4% at 3.255 billion euros, while Ebit also rose 3.7% to 137.2 million euros.
Jean-Pierre Sancier, Stef's CEO said that 2018 was a good year in term s of sales, although contrasted regarding operating profit. In a context of moderate growth that is expected for 2019, the Group has decided to concentrate on improving the quality of its service offered, coupled with an acceleration of its strategy in terms of specialisation and a continued reinforcement of its transport network in Europe.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
4 million euros, virtually flat relative to 2017 (+0.8%).
However. sales growth was better: +9.4% at 3.255 billion euros, while Ebit also rose 3.7% to 137.2 million euros.
Jean-Pierre Sancier, Stef's CEO said that 2018 was a good year in term s of sales, although contrasted regarding operating profit. In a context of moderate growth that is expected for 2019, the Group has decided to concentrate on improving the quality of its service offered, coupled with an acceleration of its strategy in terms of specialisation and a continued reinforcement of its transport network in Europe.
Copyright (c) 2019 CercleFinance.com. All rights reserved.