sur STEF (EPA:STF)
STEF: 10% growth in turnover in the 3rd quarter of 2024
STEF, a European specialist in temperature-controlled transport, has announced a turnover of 1,217.5 million euros for the third quarter of 2024, an increase of 10% compared to the previous year. This increase is mainly due to external growth.
In France, despite stagnant food consumption, platform extensions and new contracts are supporting growth. However, the Foodservice business did not benefit from the expected impact of the Paris 2024 Olympic Games.
Internationally, expansion is notable in Spain, Italy and Portugal. The United Kingdom benefits from organic momentum and a favourable exchange rate effect. However, the Netherlands is experiencing a decrease in international flows.
STEF remains cautious about inflation and the economic slowdown that are weighing on the transport sector. The company is closely monitoring economic indicators, particularly in France.
R. E.
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