Stef: net income up 6.2% in 2019
(CercleFinance.com) - On Thursday evening, the leading European food supply chain group Stef reported net income, group share of 100.
3 million euros, up 6.2% compared to 2018.
Sales rose 5.7% to 3.441 billion euros, while EBIT was up 18.7% at 162.9 million euros.
"As the world faces uncertainty over the economy and public health (Covid-19), the Group remains confident in its balanced business model and its ability to pursue sustainable long-term growth. The challenge for STEF's maritime business will be to cement its position through the 2021-2027 publicservice delegation, for which La Méridionale has established a common tender response with its longterm partner," it said regarding its outlook for 2020.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
3 million euros, up 6.2% compared to 2018.
Sales rose 5.7% to 3.441 billion euros, while EBIT was up 18.7% at 162.9 million euros.
"As the world faces uncertainty over the economy and public health (Covid-19), the Group remains confident in its balanced business model and its ability to pursue sustainable long-term growth. The challenge for STEF's maritime business will be to cement its position through the 2021-2027 publicservice delegation, for which La Méridionale has established a common tender response with its longterm partner," it said regarding its outlook for 2020.
Copyright (c) 2020 CercleFinance.com. All rights reserved.