Tokmanni Group’s Business Review for January–September 2023: New era as a leading Nordic discount retailer
Tokmanni Group Corporation Business Review Unaudited 17 November 2023 at 8:00 amTHIRD QUARTER 2023 HIGHLIGHTS · Tokmanni Group completed the acquisition of Dollarstore on 1 August 2023 * · Tokmanni Group revenue grew by 23.6% (5.3%) and was EUR 364.3 million (294.9) · Like-for-like revenue for stores increased by 0.3% (2.1%) · Comparable gross profit totalled EUR 126.9 million (97.9) with the comparable gross margin being 34.8% (33.2%) · Comparable EBIT amounted to EUR 26.4 million (23.5), representing 7.2% of revenue (8.0%) · Cash flow from