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Results first half 2011
Results first half 2011
Published :
31-08-2011
Higher results for the first six months of the year testify to the resilience of STEF-TFE’s business model in an uncertain environment.
Meeting under the chairmanship of Francis Lemor on August 31, the Board of Directors approved the accounts for the first six months of 2011.
Despite a slowdown in food consumption growth in Europe, turnover was up and operating income markedly higher thanks to higher sales in every division of the Group.
Figures include the integration of one month of Logirest’s turnover, which increased Group’s turnover by 0.3% but had no noticeable impact on income figures.
