Stef: FY net income (group share) -18% at E157.2m

(CercleFinance.com) - The cold logistics group Stef has announced FY 2024 sales of E4,442.
1m, up 8.1%.

Sales in France were flat at E2,398m, with a lower overall margin. International activities reported sales growth, to E1,798m, as a result of recent acquisitions.

Operating income (EBIT) fell 9.7% to E228.4m, while net income, group share was also down, to E157.2m in 2024 (-18% vs. E191.6m in 2023).

Management ssays that this year will be characterised by the entry into the second phase of its strategic plan, as well as by an acceleration of the operational and cultural integration of the latest companies acquired.


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