STEF (STF) Q1 2026 TU earnings summary

Executive summary

• Q1 2026 revenue reached €1,269.4m, up 6.0% year-over-year and 4.5% on a like-for-like basis.

• International activities now represent 46% of total revenue, reflecting ongoing geographic diversification.

• Growth momentum continues, though trends vary across countries and business lines.

Financial highlights

• Group business lines revenue increased by 4.8% to €1,098.6m; like-for-like growth was 3.1%.

• Foodservice business sales rose 14.6% to €170.8m, fully like-for-like.

• France revenue grew 2.1% to €592.2m; International revenue up 8.2% to €502.5m.

• Other segments posted 14.4% growth to €174.7m.

Outlook and guidance

• New platforms in Spain, Portugal, and Italy, commissioned in 2025, are expected to drive further growth in 2026.