Tokmanni’s Business Review for 1 January–31 March 2022: First-quarter revenue at previous year’s level, EBIT decreased
Tokmanni Group Corporation Business Review Unaudited 29 April 2022 at 8:30 amFIRST QUARTER 2022 HIGHLIGHTS · Revenue grew by 0.6% (13.6%) and was EUR 227.4 million (226.1) · Like-for-like revenue for stores decreased by 2.7% (+12.7%) · Comparable gross profit totalled EUR 73.7 million (74.8), with the comparable gross margin being 32.4% (33.1%) · Comparable EBIT amounted to EUR -0.5 million (6.8), representing -0.2% of revenue (3.0%) · Cash flow from operating activities amounted to EUR -65.0 million (-22.0) · Earnings per share, diluted was EUR -0.