TFF Group to See Decline in Turnover in the First Quarter of 2025/2026

TFF Group announces consolidated revenue of €89.4 million for the first quarter of the 2025/2026 financial year, down 26.5% compared to the previous year. This decrease is explained by a reduction in activity in slowing markets and marked by a strong wait-and-see attitude. The group is adjusting its structures to face this uncertain environment.

In the wine sector, revenues amounted to €52.1 million, a decrease of 9.9%. The decline was particularly noticeable in the American market due to customs tariffs and currency devaluation. The European market is showing resilience, but the future remains uncertain.

The alcohol division saw a 41.5% decline, impacted by the Bourbon division and adjustments in Scotch whisky. The group is adapting its production and reducing its inventories to maintain its responsiveness to a possible market recovery.