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Tandem Group Information
Share Price Information for Tandem Group (TND)
Share Price is delayed by 15 minutes
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Share Price:
177.50
Bid:
175.00
Ask:
180.00
Change:
0.00 (0.00%)
Spread:
5.00 (2.857%)
Open:
177.50
High:
177.50
Low:
177.50
Prev. Close:
177.50
Last checked at -
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Don't have an account? Click here to register.Poor retail outlook hits Tandem
Fri, 09th Sep 2011 15:53
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 before, but should not be under the £547,000 seen in the first half of 2009. Nevertheless, the firm assured that this is a solid result in spite of a tough economic climate.Meanwhile, sales have fallen to around £16.7m, from £19.1m the year before."Trading has been particularly challenging during the period with a number of retailers reporting poor results and difficult trading conditions," the statement said.Due to the first half decline in profits, the company warned that pre-tax profit for the year ending 31 January is expected to be behind the prior year."National retailer buying plans continue to be a concern as we enter the second half of the year. There are currently no indicators that this position will improve, although listings for Spring/Summer 2012 have been maintained and are broadly similar to 2011."BC
More News
8 Oct 2015 10:21
Tandem to pay extra £0.3m after finalising ESC deal
(ShareCast News) - Sports leisure company Tandem Group said it has finalised the terms for the acquisition of Airwave, Windbar, Jack Stonehouse and Carpzone brands operator ESC. As result of the purchase, the London-listed group said it will have to pay a further £300,000 as initial consideration, h
Read more29 Sep 2015 10:14
2 Sep 2015 10:07
Tandem Group completes ESC deal
(ShareCast News) - Sports and leisure equipment maker Tandem Group has agreed a deal to acquire ESC, an online retailer of gazebos, party tents household kitchen and fishing products. The London-listed group will pay an initial £2.1m, with up to a further £750,000 to be paid over the next 12 months
Read more2 Sep 2015 06:49
14 Apr 2015 08:41
Tandem jumps as full-year profits ramp higher on mobility scooter acquisition
Bike maker Tandem Group, which owns the Claud Butler and Dawes bicycle brands, saw its shares jump on Tuesday after reporting a significant lift in its full-year pre-tax profits. Revenues were up 10.5% to £31.3m, while profits before tax jumped significantly to £1.7m from £16,000 the year before, dr
Read more17 Feb 2015 14:21
Tandem reports strong interim results driven by Disney licenses
Shares in Tandem jumped on Tuesday after it said its full year results were helped by an increase in Disney licenses in its portfolio. The Britain-based designer, developer and distributor of sports and leisure products group saw its like-for-like revenues rose 6% to £31.3m compared to last year, wh
Read more17 Feb 2015 08:13