Inside information: Preliminary information for Tokmanni Group’s full-year 2023 result and guidance for 2024

Tokmanni Group Corporation        Inside information        13 February 2024 at 9:00 am

Tokmanni Group Corporation publishes preliminary information on it’s financial development for full-year 2023. Based on preliminary and unaudited information, revenue was approximately EUR 1,393 million and comparable EBIT approximately EUR 99 million in 2023.

The revenue and comparable EBIT for 2023 are in accordance with the guidance given earlier. Previously, Tokmanni Group expected 2023 revenue to be EUR 1,370–1,440 million. Comparable EBIT was expected to be EUR 90–110 million.

Outlook for 2024

In 2024, Tokmanni Group expects its revenue to be EUR 1,660–1,760 million. Comparable EBIT is expected to be EUR 110–130 million.

Tokmanni Group Corporation will publish its Financial statements release 2023 on 22 March 2024 approximately at 8:30 am Finnish time.

For further information, please contact

Mika Rautiainen, President and CEO, tel. +358 20 728 6061, mika.rautiainen(at)tokmanni.fi
Tapio Arimo, CFO, tel. +358 20 728 7390, tapio.arimo(at)tokmanni.fi
 

Tokmanni Group in brief

Tokmanni Group is one of the leading variety discount retailers in the Nordics. Around 6,600 Tokmanni employees in Finland, Sweden and Denmark make customers’ everyday life and special occasions easier by offering a versatile and up-to-date assortment of Finnish and international brand-name products and other high-quality products at prices that are always affordable. With more than 360 Tokmanni, Dollarstore, Big Dollar, Miny, Click Shoes and Shoe House stores and online stores, Tokmanni is always close to its customers. In 2022, Tokmanni’s revenue was EUR 1,168 million and comparable EBIT amounted to EUR 86 million. Tokmanni's shares are listed on Nasdaq Helsinki.

Distribution

Nasdaq Helsinki
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