TERACT Reports Stable Results Amidst Uncertain Market Conditions

TERACT, a major player in the garden and food retail sectors, has released its financial results for the fiscal year ending June 2025. The company reported a marginal like-for-like revenue growth of 1.2%, driven by its Garden Centre/Pet Retail division, while Food Retail witnessed a slight decline in revenue.

The adjusted EBITDA stood at €54.1 million, slightly lower than the previous year's €56.4 million, but this was achieved through a cost containment strategy. Notably, TERACT's free cash flow nearly tripled to €66.3 million, supported by improved working capital management.

The company's strategic roadmap for 2025-2027 includes plans to revert the Gamm vert network to a franchise model, discontinue Noé, la Maison des Animaux by 2025, expand its own brand and omnichannel strategies, and dispose certain assets to streamline operations.