TTF shares fall after FY results miss expectations
09/07/2026 09:24
BUZZ-TTF shares fall after FY results miss expectations ** Shares in TTF Group TFF.PA fall 4% after on Wednesday the French oak barrel maker reported FY results below forecast
** "Results fell short of our expectations and the group’s guidance," Portzamparc says, noting, however, that cash was a "good surprise"
** The miss is mainly due to a weak fourth quarter in Wine, the broker says
** TFF Group's revenue fell 26.5% y/y to €312 million, and EBITDA was down 40% to €48.2 million
** Portzamparc notes the debt shrank by €30 million to €285 million and that the company aims to focus on reducing it further
** Share on track for its worst day since April
(Reporting by Margaux Perrin in Gdansk)