Tokmanni Group Oyj

TOKMAN

Equity

ISIN FI4000197934 / Valor 32302786

NASDAQ Helsinki Ltd, Equities (2026-08-07)

EUR 6.70-7.20%

Tokmanni Group Oyj
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Tokmanni Group Oyj is Finland’s largest discount retailer, operating a nationwide network of brick-and-mortar stores supported by an e-commerce channel and centralized logistics; it sells a broad assortment of everyday consumer goods — household and homeware, textiles and clothing, seasonal and leisure items, DIY and hobby products, beauty and personal care and limited grocery assortments — through a mix of third‑party brands and private labels. The company’s retail model centers on high-volume purchasing, category management and cost-efficient distribution to sustain low-price positioning across physical stores and online, and as a publicly listed company on Nasdaq Helsinki it derives the bulk of its revenue from retail sales while managing store openings, inventory and supply-chain operations to defend and grow its share of the Finnish discount market.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue (Q4 2024 & FY 2024)

Q4 2024 revenue was EUR 496.9m (+5.5% YoY) and like‑for‑like revenue +3.6%; full‑year 2024 revenue was EUR 1,675.0m (+20.3%) with like‑for‑like +1.0% (impacted by Dollarstore consolidation).

Profitability (Q4 2024 & FY 2024)

Q4 comparable EBIT was EUR 47.5m (9.6% margin, +2.7% YoY). FY comparable EBIT was EUR 99.7m (6.0% margin, +0.9% YoY). Q4 diluted EPS EUR 0.50; FY diluted EPS EUR 0.82.

Margins and cost drivers

Comparable gross margin in Q4 fell to 35.7% (from 36.5%) due to higher share of groceries and promotional sales and smaller basket sizes; operating expenses rose modestly, tempering EBIT improvement.

Cash flow and balance sheet

Q4 net cash from operations was EUR 76.5m (Q4 2023: EUR 116.5m); full‑year operating cash flow EUR 89.1m (2023: EUR 220.2m). Cash at year‑end EUR 15.9m; reported net debt approx. EUR 816m and net debt / rolling 12‑month comparable EBITDA (excl. lease liabilities) 2.39 (target <2.25).

Segment performance

Tokmanni segment Q4 revenue EUR 365.5m (+4.0%) with comparable EBIT EUR 37.0m. Dollarstore Q4 revenue EUR 132.4m (+10.5%) with comparable EBIT EUR 11.4m — Dollarstore continues to contribute material top‑line growth post‑acquisition.

Operations and customer trends

Group store count 380 at 31 Dec 2024 (up from 372). Q4 like‑for‑like customer visits +3.6% group (total customer growth +6.8%); average basket sizes fell modestly (Q4 LFL basket EUR 20.58).

Dividend proposal and outlook

The Board proposes a maximum dividend of EUR 0.68 per share (to be paid in two instalments). 2025 outlook: revenue EUR 1,720–1,820m and comparable EBIT EUR 100–130m.

Financing, acquisitions and synergies

New EUR 325m financing package signed in Dec 2024 (3‑year term with two one‑year extension options). Dollarstore integration delivered approx. EUR 13.3m of annual synergies by end‑2024, with a >EUR 15m annual synergy target for 2025.

Summarized from source with an LLMView Source

Key figures

-21.9%1Y

-54.5%3Y

-72.6%5Y

Performance

39.6%1Y

36.4%3Y

34.9%5Y

Volatility