Tandem Group Share News (TND)

IN BRIEF: Tandem shares fall as swings to loss and revenue declines

Tandem Group PLC - Birmingham, England-based sports and leisure product retailer - Revenue in 2023 falls by 17% to GBP22.2 million from GBP26.7 million a year earlier. Swings to pretax loss of GBP1.2 million from a profit of GBP900,000. Says the results are in line with market expectations.

UK earnings, trading statements calendar - next 7 days

EARNINGS AND TRADING: Tandem FY sales down 17%; Hikma's opioid deal

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

EARNINGS AND TRADING: NWF trading inline; Tandem's markets challenging

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Tandem warns on FY profits, shares slide

(Sharecast News) - Sports equipment company Tandem Group warned on Wednesday that full-year profits were set to come in well behind expectations as a result of weak toy and garden products sales.

Tandem shares drop as skips dividend on disappointing interims

(Alliance News) - Tandem Group PLC shares fell on Wednesday, after it reported disappointing first-half results and declared no interim dividend.

AIM WINNERS & LOSERS: Finsbury Food accepts private equity buyout

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

IN BRIEF: Tandem notes challenging trading conditions as sales decline

Tandem Group PLC - Birmingham, England-based sports and leisure product retailer - Says trading conditions to June have remained "persistently challenging", but is "pleased" with performance in bikes and eMobility during the second quarter of the year. Notes a 26% decline in sales from a year prior. Looking ahead, expects challenges to continue throughout the remainder of 2023, but remains confident in its ability to continue building and gaining market share.

Tandem Group sees significant drop in annual profit and revenue

(Alliance News) - Tandem Group PLC on Monday said annual pretax profit and revenue fell amid "challenging" economic climate and exceptional costs.

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: Tandem says revenue to fall, in line with market view

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

IN BRIEF: Tandem shares down as interim profit slumps

Tandem Group PLC - Solihull, England-based sports product distributor - Posts a decline of 33% in revenue to GBP12.9 million in the six months to June 30 from GBP19.3 million a year earlier. Pretax profit plummets to GBP307,000 from GBP1.9 million, as exceptional costs amounted to GBP172,000 compared to none a year ago. Operating profit slumps to GBP600,000 from GBP2.0 million a year earlier. Cash amounts to GBP1.5 million as at June 30.

AIM WINNERS & LOSERS: Bango up on deal; Naked Wines sinks on warning

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

Tandem shares drop as customer demand falls amid challenging trading

(Alliance News) - Tandem Group PLC on Thursday reported "challenging" trading in the 24 weeks to June 2022 as sales and demand across its divisions fell.

UK shareholder meetings calendar - next 7 days