TCM Group A/S
CSE:TCM
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
TCM Group A/S
CSE:TCM
|
DK |
|
Source Energy Services Ltd
TSX:SHLE
|
CA |
|
S
|
Sun Capital Management Corp
TSE:2134
|
JP |
|
Dave & Buster's Entertainment Inc
NASDAQ:PLAY
|
US |
|
I
|
InspireMD Inc
XBER:II2
|
IL |
TCM Group A/S
TCM Group AS engages in the manufacture of kitchens and furniture for bathrooms and storage. The product offering includes kitchen, bathroom and storage solutions. The firm pursues a multi-brand strategy, under which the main brand is Svane Kokkenet and the secondary brands are Tvis Kokkener, Nettoline, kitchn.dk and private label. Products are mainly marketed through a network of franchise stores and independent kitchen retailers.
TCM Group AS engages in the manufacture of kitchens and furniture for bathrooms and storage. The product offering includes kitchen, bathroom and storage solutions. The firm pursues a multi-brand strategy, under which the main brand is Svane Kokkenet and the secondary brands are Tvis Kokkener, Nettoline, kitchn.dk and private label. Products are mainly marketed through a network of franchise stores and independent kitchen retailers.
Revenue Growth: Q4 revenue increased by 10.5% year-on-year to DKK 333 million, with 5.3% organic growth, driven by both B2B and B2C segments.
Profitability: Adjusted EBIT for Q4 was DKK 31 million, slightly up from DKK 30 million last year, but the EBIT margin declined to 9.3% from 9.9% due to higher SG&A costs.
Gross Margin: Gross margin improved to 24.3% in Q4 from 22.5% last year, thanks to higher selling prices and supply chain efficiencies.
Celebert Acquisition: TCM acquired the remaining 55% of Celebert, now fully consolidating the business and strengthening its digital and multichannel strategy.
2026 Guidance: Revenue for 2026 is expected between DKK 1.4–1.5 billion and adjusted EBITA is guided in the range of DKK 120–140 million.
Dividend: Board proposes a dividend of DKK 4.5 per share, equal to 60% of net profit.
Market Outlook: Management expects moderate market improvement in 2026 with consumer confidence gradually recovering but B2B activity still below historical levels.
