Tereos : Balance sheet leaner, better equipped to weather market cycles

These past two years, the market environment has been very favourable to Tereos, helping it to post strong results and therefore to make faster-than-expected headway on its debt reduction targets. The margin recovery is also the result of in-depth work carried out by the new management team since its arrival at end-2020. - For the time being, market conditions remain generally good for Tereos, with sugar prices stabilising at historic highs. There should therefore be no disappoint...