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Tandem Group Information
Share Price Information for Tandem Group (TND)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
175.00
Bid:
170.00
Ask:
180.00
Change:
0.00 (0.00%)
Spread:
10.00 (5.882%)
Open:
175.00
High:
175.00
Low:
175.00
Prev. Close:
175.00
Last checked at -
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Wed, 20th Oct 2010 13:41
The 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 was in the region of £26.9m, slightly down from £27.3m in the corresponding period of last year. The bicycles and accessories business saw revenue retreat to £16.0m from £17.3m the year before, though some of this shortfall was made good by a rise in sales in the sports, leisure and toys side of the business, to £10.9m from £9.9m a year earlier. On the bright side, reaction to the group's new 2011 sports, leisure and toys product ranges has been good, chairman Mervy Keene. "I am pleased to report that Spring/Summer 2011 catalogue listings continue to grow and exceed our expectations. In particular, selections of our new licences, Ben & Holly's Little Kingdom and Tinga Tinga Tales, are very encouraging," Keene said. "With Chinese New Year being early next year, we expect January 2011 sales to be ahead of last year as goods are shipped before the holiday period," Keene added.
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
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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