Cold logistics specialist Stef has announced sales of 1.14 billion euros for the first quarter of 2024, up 5.7% (+0.7% on a like-for-like basis), boosted by its latest acquisitions.

International activities are driving growth, accounting for over 40% of the total for the first time (excluding merchandise sales for the Foodservice business), while the sluggish food consumption environment continues to impact business in France.

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