on STEF (EPA:STF)
STEF: 2024 review and outlook for 2025
STEF, the European leader in food transport and logistics, has announced its results for 2024. Despite a challenging environment marked by low food consumption, the group posted 8.1% growth in revenue, reaching €4,800.8 million.
Operating profit, however, decreased by 9.7% to €228.4 million, mainly due to the contraction in margins caused by a slowdown in transport demand in Europe. French operations stagnated, while international operations grew thanks to recent acquisitions, although these have not yet reached full profitability.
For 2025, STEF maintains its confidence in its resilience and plans to consolidate the integration of newly acquired companies while remaining vigilant about its investments.
R. H.
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