Tokmanni Group Oyj

TOKMAN

Equity

ISIN FI4000197934 / Valor 32302786

NASDAQ Helsinki Ltd, Equities (2025-03-14)

EUR 12.76+1.51%

Tokmanni Group Oyj
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About company

Tokmanni Group Oyj is a Finnish retail company that offers a wide range of products including groceries, home cleaning and personal care items, clothing, tools, electrical equipment, home decor, garden supplies, leisure products, and electronics. The company's product categories consist of its own private label products, non-branded items, as well as leading international and domestic brands. With a network of around 200 Tokmanni stores, several Miny stores, Click Shoes and Shoe House stores, and online platforms, Tokmanni Group aims to provide customers with a diverse selection of goods. Additionally, since acquiring Dollarstore in 2023, the company has expanded its presence in Sweden and Denmark. Tokmanni Group prides itself on being a significant employer, with a focus on hiring skilled and customer-oriented employees, particularly young individuals, in the retail sector.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue Growth

In the fourth quarter of 2023, Tokmanni Group Oyj reported a significant revenue increase of 39.0%, reaching EUR 471.2 million compared to EUR 339.0 million in the same period the previous year. This growth was primarily driven by the acquisition of Dollarstore, which contributed to the overall revenue boost.

Comparable EBIT

Tokmanni Group Oyj's comparable EBIT for the fourth quarter of 2023 amounted to EUR 46.2 million, representing 9.8% of the revenue. This marks an increase from the previous year's comparable EBIT of EUR 35.8 million, which was 10.5% of the revenue, indicating improved operational efficiency despite a slight decrease in the EBIT margin.

Cash Flow

The cash flow from operating activities for Tokmanni Group Oyj in the fourth quarter of 2023 was EUR 116.5 million, up from EUR 92.2 million in the same quarter of the previous year. This increase reflects the company's effective management of working capital and operational improvements.

Earnings Per Share

For the fourth quarter of 2023, Tokmanni Group Oyj reported diluted earnings per share of EUR 0.44, compared to EUR 0.41 in the fourth quarter of 2022. This increase in earnings per share highlights the company's improved profitability and successful integration of acquisitions.

Dividend Proposal

Tokmanni Group Oyj's Board of Directors has proposed a dividend of up to EUR 0.76 per share for the financial year 2023, to be paid in two instalments. This proposal reflects the company's strong financial performance and commitment to returning value to its shareholders.

Summarized from source with an LLMView Source

Key figures

-17.7%1Y

-24.5%3Y

24.9%5Y

Performance

32.6%1Y

32.4%3Y

32.9%5Y

Volatility