Wed, 02nd Sep 2015 10:07
(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 moreBike 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 moreShares 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
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