on MALTERIES FRANCO-BELGES (EPA:MALT)
Annual results 2023-2024 of Malteries Franco-Belges
Malteries Franco-Belges Group has published its financial results for the 2023-2024 financial year, announcing sales of €145.1 million, an increase of 10% compared to the previous year. Operating income reached €13.4 million, marking a return to profitability after a loss of €2.3 million the previous year.
Despite a slowing beer market, the group is benefiting from good production yields and controlled cost management. The contribution of Compagnie Internationale de Malteries also increased, rising to €32.3 million. The net profit attributable to the group stands at €44.6 million.
Investments continue to modernize production sites, while Malteries Franco-Belges strengthens its offering with innovations such as low-carbon malt and blockchain-based traceability services.
R. E.
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