Tokmanni Group Corporation Half-Year Financial Report January–June 2024: Tight market and late start of spring season impacted revenue and EBIT
Tokmanni Group Corporation Half-Year Financial Report Unaudited 16 August 2024 at 8:00 amSECOND QUARTER 2024 HIGHLIGHTS · Tokmanni Group’s revenue grew by 32.5% (4.0%) and was EUR 422.5 million (318.9) · Like-for-like revenue decreased by 2.4% (+1.0%) · Comparable gross profit was EUR 155.2 million (115.1) and comparable gross profit % was 36.7% (36.1%) · Comparable EBIT amounted to EUR 27.9 million (28.5), 6.6% of revenue (8.9%) · Cash flow from operating activities amounted to EUR 43.9 million (79.8) · Earnings per share, diluted was EUR 0.25 (0.33)