Tokmanni’s Business Review for 1 January–30 September 2019: Strong growth in revenue and EBIT in the third quarter
Tokmanni Group Corporation Business Review Unaudited 30 October 2019 at 8.30 a.m.Tokmanni has adopted IFRS 16 Leases as of 1 January 2019. The numbers in brackets refer to the adjusted figures for 2018. THIRD QUARTER 2019 HIGHLIGHTS · Revenue grew by 9.9% (7.8%) EUR and was 231.5 million (210.7) · Like-for-like revenue grew by 4.9% (4.0%) · Comparable gross profit totalled EUR 82.0 million (72.1), with the comparable gross margin being 35.4% (34.2%) · Comparable EBIT amounted to EUR 21.9 million (15.5), representing 9.5% of revenue (7.4%)