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AIM-listed sports and leisure equipment firm Tandem has warned that profits are to fall in the first half, compared with the same period last year, due to broader challengers for retailers. Pre-tax profit in the six months to 31 July is expected to be lower than the £648,000 reported the year befor
Read moreSports and leisure equipment firm Tandem said revenue for the year ended 31 January fell 3% while pre-tax profit increased. The group incurred a number of cost pressures such as increases in freight and raw materials prices as well as shipping line disruptions and Far East labour shortages. Revenu
Read moreSports and leisure equipment supplier Tandem says that its 2010-11 pre-tax profit will be slightly better than last year. AIM-quoted Tandem had already warned that Christmas trading might be weak and like-for-like turnover was 12.8% lower in the three months to December 2010. The poor weather had
Read moreA strong performance on Wall Street breathed life back into Footsie after the leading share index suffered a weak spell following the Compehensive Spending Review (CSR). One sector to give the CSR the thumbs up was bus companies such as Stagecoach, Go-Ahead, FirstGroup and National Express. The sub
Read moreShares turned south over the lunchtime session though it is difficult to ascribe any of the losses to the impact of the Comprehensive Spending Review, much of which was widely as expected. Mining stocks are doing their bit to counteract the effects of Footsie stalwarts BAE Systems, Smiths Group and
Read moreThe share price of sports and leisure equipment firm Tandem back-pedalled on Wednesday after the company said that tough trading conditions in September and October had made it wary about the group's prospects over the crucial Christmas trading period. Group revenue in the 27 weeks to 15 October wa
Read moreFootsie was buoyant as trading closed for the weekend following some well-received US jobs data. The number of Americans who lost their jobs in August was 54,000 compared with predictions of over 100,000. The payrolls count in both the previous two months was also revised higher, exciting another
Read moreDealing rooms across the City strapped on their buying boots ahead of the weekend following a much smaller than expected fall in US nonfarm payrolls. The number of Americans who lost their jobs in August was 54,000 compared with predictions of over 100,000. The payrolls count in both the previous t
Read moreFootsie finished the morning not far off its high for the day, marginally above the 5,400 mark. It was a quiet morning for hard news, however, so traders entertained themselves with some good old fashioned bid speculation. Temporary power solutions provider Aggreko is the top performer on whispers
Read moreBlue chips made progress early on for a sixth consecutive day, though all eyes will be on the US non-farm payrolls number at 1.30pm. US and Asian stocks made posted modest gains overnight. Autonomy is higher for a second day. Gossip doing the rounds yesterday was acquisition-hungry US software gian
Read moreSports and leisure equipment firm Tandem said it expects full year results to be well ahead of market expectations and will pay an interim dividend. The group said demand for its bikes remains strong with orders for bicycles, accessories and its toy businesses continuing to grow. "Increasing dema
Read moreLONDON (Dow Jones)--Tandem Group PLC (TND.LN), a manufacturer and distributor of sports and leisure equipment, said Monday revenue for the 20 weeks to June 18 was 8% above the comparative period last year. MAIN FACTS: -Trading conditions continue to be difficult due to cost pressures in resp
Read moreBikes, toys and sporting goods distributor Tandem said half year pre-tax profit jumped 21.3% while revenue rose 5.2%. Revenue for the six months ended 31 July 2009 rose to £18,949,000 from £18,020,000 in the same period last year. Profit before tax increased to £547,000 from £451,000. No dividend i
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