TFF Group's turnover down over 9 months

TFF Group recorded a decline in its consolidated revenue for the first nine months of the 2024/2025 financial year, reaching €327.2 million, a decrease of 11.4% compared to last year. The organic variation stood at -13.8%. This decline is attributed to an uncertain environment and a historically low harvest for 2024. However, the currency effect provided support of €2.2 million, and external growth contributed €6.4 million.

The Wines division saw a decrease of 8.8%, reaching €151.6 million, while the Alcohols division saw a decline of 13.6% to €175.6 million. TFF Group maintains a cautious stance for the remainder of the financial year, confirming its forecast of a decline in activity of more than 10% for the year.