Tokmanni Group Corporation’s Financial Statement Bulletin 2022: Revenue grew but operating profit declined due to higher costs
Tokmanni Group Corporation Financial Statement Bulletin 10 February 2023 at 8:00 amFOURTH QUARTER 2022 HIGHLIGHTS · Revenue grew by 1.5% (2.3%) and was EUR 339.0 million (334.1) · Like-for-like revenue decreased by 1.0% (-0.3%) · Comparable gross profit was EUR 119.5 million (120.8) and comparable gross profit percent was 35.2% (36.2%) · Comparable EBIT amounted to EUR 35.8 million (40.5), 10.5% of revenue (12.1%) · Cash flow from operating activities amounted to EUR 92.2 million (74.9) · Earnings per share, diluted was EUR 0.41 (0.52) JANUARY-DECEMBER