TFF Group posted first-quarter sales of 125.6 million euros, up 15% (+18% at constant exchange rates and scope of consolidation), driven by its two core businesses, wine and spirits (+10.8% and +25.3% respectively on a comparable basis).

On the strength of this good start to 2023-24, the alcoholic beverage breeding products group confirms its stated objective of sales growth in excess of 10% for the current financial year, excluding external growth.

In addition, it has announced the acquisition of Biossent, a specialist in the crushing, heat treatment and extraction of oak used to produce extracts for wines and spirits, representing over four million euros in annual sales.

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