Tandem Group Share News (TND)

Tandem Group Information

Buy TND Shares
Add TND to Watchlist
Add TND to Alert

Share Price Information for Tandem Group (TND)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 177.00

Bid: 174.00

Ask: 180.00

Change: 0.00 (0.00%)

Spread: 6.00 (3.448%)

Open: 177.00

High: 177.00

Low: 177.00

Prev. Close: 177.00

Last checked at -

Tandem reports strong interim results driven by Disney licenses

Tue, 17th Feb 2015 14:21

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, which includes £1.4m in revenues from its recent acquisition Pro Rider.Some of the Disney licenses include the Disney Princess and Cars, Avengers and the new Star Wars movies. The group also secured other licenses such as The Clangers, Teletubbies, Thunderbirds and World of Warriors.Its bicycles and mobility division reported revenues and profits ahead of last year despite "intense competition" due to heavy discounting.Revenues in the sports, leisure and toys division rose 16% driven by a "very strong year" for One Direction and Peppa Pig.However, Tamdem warned it is "mindful of the recent movements in the US dollar which have the potential to increase buying prices."We continue to mitigate this risk where possible by the use of various foreign exchange derivative contracts," it added.The firm said the revenues for the first weeks of 2015 were ahead of last year, driven by good performance in its sports, leisure and toys businesses, but its bicycles, bicycle accessories and mobility revenues were slightly down on a like for like basis.Shares were up 12.09% to 119.38p on Tuesday at 13:45.

More News

10 Feb 2020 10:40

UK WINNERS & LOSERS SUMMARY: intu Properties Rises On Fundraise Talks

10 Feb 2020 09:35

Tandem Warns On Slow 2020 Start Amid Coronavirus; CEO Moves To Chair

30 Sep 2019 15:20

Tandem Group swings to profit after licensed properties strength

(Sharecast News) - Tandem Group on Monday swung to an interim profit after revenue jumped on the back of a strong performance from its licensed properties.

30 Sep 2019 14:30

Tandem Raises Interim Dividend On Swing To Profit, Revenue Growth

27 Jun 2019 11:17

Tandem Outlook Confident As Sees Double-Digit Revenue Growth

(Alliance News) - Tandem Group PLC on Thursday said its toy business performed particularly well in the recent half-year, while independent bicycle dealer sales were hurt by reduced consumer for a

27 Jun 2019 08:57

Tandem Group shares tumble as group remains cautious of 'ongoing Brexit debacle'

(Sharecast News) - Despite reporting overall revenue growth, sports and leisure products distributor Tandem Group's shares tumbled on Thursday after its chairman told investors at the group's annual general meeting that there had been an ongoing decline in its more traditional independent bicycle dealer sales in the six months ended 23 June.

10 Apr 2019 11:16

Tandem Group Manages To Keep Annual Profit Flat After Revenue Fall

LONDON (Alliance News) - Tandem Group PLC on Wednesday reported flat annual profit despite revenue falling in the year, hurt by poor weather at the start of 2018.Tandem shares were trading

4 Mar 2019 14:45

Tandem slows revenue decline as it works on recovery

(Sharecast News) - Sports, leisure and mobility equipment company Tandem Group updated the market on its trading on Monday, reiterating that the first half of 2018 was characterised by poor weather, large overstocks with a certain retailer, destocking among other customers, and the ongoing impact of the demise of Toys R Us.

4 Mar 2019 10:57

Tandem Shares Spike On 2019 Revenue Growth Expectations

LONDON (Alliance News) - Tandem Group PLC shares spiked Monday after the toy, bicycle, and sports & leisure product manufacturer said it expects to achieve "significant" revenue in a

28 Sep 2018 14:23

Tandem Group Swings To Loss On Tough Trading, Toys 'R' Us Demise

LONDON (Alliance News) - Tandem Group PLC said Friday that challenging trading environment, poor weather conditions, and the demise of a large customer, Toys 'R' Us, resulted in a loss for

28 Jun 2016 12:25

Tandem Expects Volatility From Brexit But 25 Week Revenue Up 8%

21 Jun 2016 15:04

UK Shareholder Meetings Calendar - Next 7 Days

19 Apr 2016 09:18

Tandem Group 2015 Profit Falls On ESC Acquisition, But Revenue Rises

9 Mar 2016 10:33

WINNERS & LOSERS SUMMARY: Little Appetite For Restaurant Group

9 Mar 2016 09:52

Tandem slides as it warns over bicycle division

(ShareCast News) - Shares in AIM-listed Tandem Group slid as the company said its bicycles and mobility division was in for a challenging year. Tandem, which designs, develops and distributes sports and leisure products, said it has produced a strong range of cycles for this year, but warned the mid

Latest Share Chat

Tandem Group Share News (TND)

Share Price Information for Tandem Group (TND)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Tandem reports strong interim results driven by Disney licenses

Login to your account

Quickpicks are a member only feature

Login to your account