Tokmanni’s Business Review for 1 January–31 March 2020
Tokmanni Group Corporation Business Review Unaudited 29 April 2020 at 8.30 amFirst-quarter revenue grew 5.8% and comparable EBIT improved FIRST QUARTER 2020 HIGHLIGHTS · Revenue grew by 5.8% (8.3%) to EUR 199.0 million (188.1) · Like-for-like revenue grew by 4.4% (4.1%) · Comparable gross profit totalled EUR 63.8 million (58.6), with the comparable gross margin amounting to 32.1% of revenue (31.2%) · Comparable EBIT amounted to EUR 0.3 million (-2.2), representing 0.1% of revenue (-1.2%) · Cash flow from operating activities amounted to EUR -23.5 million