Turnover for the 4th Quarter 2009

STEF-TFE Group’s turnover returned to a level comparable to last year’s, excluding the impact of fuel price fluctuations. This positive trend is due to several factors: the strength of the Transport branch at the end of the year, well sustained activities in just-in-time logistics for the retail sector, the dynamism of European subsidiaries and the launch of new sites that allow the group to extend its range in France and Europe.

Turnover for the  4th Quarter 2009

Turnover by activity (In millions of euros)

The scope effect concern the Swiss subsidiary of SGF and the company DPF (renamed STEF Courcelles) in Belgium, which bring additional revenue of € 5.1 million in the fourth quarter of 2009.