Tokmanni’s Business Review for 1 January–31 March 2021: First-quarter revenue grew 13.6% and comparable EBIT improved significantly
Tokmanni Group Corporation Business Review Unaudited 29 April 2021 at 8:30 amFIRST QUARTER 2021 HIGHLIGHTS · Revenue grew by 13.6% (5.8%) and was EUR 226.1 million (199.0) · Like-for-like revenue for stores grew by 12.7% (4.4%) · Comparable gross profit totalled EUR 74.8 million (63.8), with the comparable gross margin being 33.1% of revenue (32.1%) · Comparable EBIT amounted to EUR 6.8 million (0.3), representing 3.0% of revenue (0.1%) · Cash flow from operating activities amounted to EUR -22.0 million (-23.5) · Earnings per share, diluted was EUR 0.