on SAINT-JEAN GROUPE (EPA:SABE)
SAINT JEAN GROUPE 2024 Annual Results
The Board of Directors of SAINT JEAN GROUPE announced a 1% increase in its consolidated revenue for 2024, reaching €116.8 million. The SAINT JEAN subsidiary recorded a 0.4% increase, despite a 1% decline in volumes. DEROUX FRERES posted a notable 4.31% increase in revenue.
Brands under the SAINT JEAN banner experienced mixed fortunes. Sales of the SAINT JEAN brand increased by 3.9%, while the ROYANS brand suffered a decline of 3.6%. COMPTOIR DU PASTIER held up well with a 6.9% increase.
Consolidated net profit fell to €2 million, compared to €4.177 million in 2023, prompting the Board to refrain from paying dividends for 2024. Finally, SAINT JEAN GROUPE will continue its development projects, including the construction of a new head office and the expansion of the raviolines range.
R. E.
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