Tokmanni Group Corp
F:TK9
If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
6.69
14.25
|
| Price Target |
|
We'll email you a reminder when the closing price reaches EUR.
Choose the stock you wish to monitor with a price alert.
This alert will be permanently deleted.
Tokmanni Group Corp
Tokmanni Group Oyj operates a chain of discount retail stores. The firm operates a retail chain with more than 150 stores in Finland. Tokmanni Group Oy’s product assortment comprises approximately 25 000 active stock keeping units (SKU’s) in six different product categories, such as home cleaning and personal care, groceries, clothing, tools and electrical equipment, leisure and home electronics, home and garden decoration. The home cleaning and personal care product category is divided into four subcategories: personal care, home care, household paper products, other products. The groceries product category is divided into six subcategories: beverages, snacks, cookies and candies, pet food and pet accessories, diet and nutrition, canned food, fresh food. The clothing product category includes mainly casual wear for daily use. The tools and electrical equipment product category includes various do-it-yourself goods, power, hand and other tools.
Tokmanni Group Oyj operates a chain of discount retail stores. The firm operates a retail chain with more than 150 stores in Finland. Tokmanni Group Oy’s product assortment comprises approximately 25 000 active stock keeping units (SKU’s) in six different product categories, such as home cleaning and personal care, groceries, clothing, tools and electrical equipment, leisure and home electronics, home and garden decoration. The home cleaning and personal care product category is divided into four subcategories: personal care, home care, household paper products, other products. The groceries product category is divided into six subcategories: beverages, snacks, cookies and candies, pet food and pet accessories, diet and nutrition, canned food, fresh food. The clothing product category includes mainly casual wear for daily use. The tools and electrical equipment product category includes various do-it-yourself goods, power, hand and other tools.
Disappointing Q1: Tokmanni Group reported a weak first quarter, with Dollarstore's low gross margin causing the biggest negative impact on group profits.
Revenue Growth: Group revenue increased slightly to EUR 341.8 million, driven by Dollarstore, but like-for-like sales declined by 1.9%.
Dollarstore Challenges: Dollarstore's aggressive clearance sales hurt gross margins, leading to a much larger operating loss compared to last year.
Cost Pressures: Operating expenses were higher, especially at Dollarstore due to organizational changes and increased warehouse activity.
Synergy Progress: The annual synergy run rate reached EUR 16.2 million, with a new target of over EUR 20 million by end of 2025.
Outlook Unchanged: Management kept its 2025 guidance unchanged, targeting revenue of EUR 1.72–1.82 billion and EBIT of EUR 100–130 million.
