2023/2024 annual results for Tonnellerie François Frères

TFF Group, under the chairmanship of Jérôme François, unveiled its financial results for the 2023/2024 financial year on July 8. Turnover reached 486.5 million euros, an increase of 10.6% compared to the previous year.

EBITDA amounted to 107.5 million euros, an increase of 15.6%. The net result stood at 58.4 million euros, marking an increase of 7.5%. The Alcohol sector, representing 57% of the business mix, particularly contributed to this performance.

The Bourbon market was dynamic, with production of 690,000 barrels and a 10% increase in prices. The Wine sector, on the other hand, remained stable at 209.5 million euros despite difficult market conditions.

For 2024/2025, TFF Group forecasts a turnover of 500 million euros, while maintaining a cautious and confident approach, backed by its diversification and strategic investments.