STEF returns to 100 euros






Photo credit © Stef / Lionel Barbe Clan d’Oeil

(Boursier.com) — STEF fell to 100 euros on Friday, 1.6% less, while the specialist in transport and logistics at controlled temperature of food products announced a turnover of 3,500 million euros for 2021, 11.5% more (+9, 4% at constant scope), including 950 million for the fourth quarter alone, which represents an increase of 15.2% (13.3% at constant scope).

In France, the activities of Fresh, stimulated by the growth of food consumption, recorded a strong increase in flows in the 4th quarter. The activities dedicated to catering outside the home and seafood products notably improved their turnover, thanks to the good commercial dynamism in a context of recovery of the catering activity. After a very strong development in 2021, the GMS returns to a level of activity comparable to that of before the crisis.

In the international arena, STEF states that each of the six countries in the group is experiencing a sustained growth rate with a two-digit increase in turnover. This reflects both the organic growth generated by the commercial dynamism of the countries and the integration of the activities acquired from the Nagel Group in Italy, Belgium and the Netherlands. The recent establishment in the UK suggests new growth prospects.

Among the latest analyst views, Midcap Partners lowered its target from €125 to €116 while continuing to buy on the docket.


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Vince Fernandez

"Professional food trailblazer. Devoted communicator. Friendly writer. Avid problem solver. Tv aficionado. Lifelong social media fanatic."

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