TFF Group reported consolidated earnings results for the half-year ended October 31, 2016. For the period, the company reported turnover was €117.9 million compared to €113.9 million a year ago. Current Operating Income was €24.6 million compared to €24.2 million a year ago. Operating Income was €24.6 million compared to €24.3 million a year ago. Operating Income after adjustment was €25.6 million compared to €25.6 million a year ago. Net Profit was €18.3 million compared to €18.3 million a year ago. Net Profit, Group share was €18.1 million compared to €18.1 million a year ago. Net debt at 15% of company funds standing at a level of €44 million against €28 million at April 30, 2016, net financial debt was impacted by the €12 million financing of two acquisitions this semester and the complementary investments that were made in bourbon.

The company targets that all factors that allow hope for a turnover above €200 million for the financial year 2016-17, despite the cyclical fall in Whisky which should until an expected upturn from 2018.