Tokmanni Group Oyj

On 9 September 2024, Tokmanni Group Corporation reported a manager's transaction involving Chief Financial Officer Tapio Arimo. The initial notification, with reference number 76845/5/8, detailed Arimo's acquisition of shares on two separate dates. On 5 September 2024, he acquired 5,000 shares at a volume-weighted average price of 10.6 EUR per share at the OMXH venue. On 6 September 2024, he acquired an additional 2,000 shares at a volume-weighted average price of 10.45 EUR per share at the same venue. For further information, contact Maarit Mikkonen, Head of IR and Communications. Tokmanni Group Corporation is a leading variety discount retailer in the Nordics, with over 6,000 employees and more than 370 stores across Finland, Sweden, and Denmark. In 2023, the Group's revenue was EUR 1,392.7 million, and its shares are listed on Nasdaq Helsinki.

On August 22, 2024, Tokmanni Group Corporation reported managers' transactions involving Seppo Saastamoinen, a member of the Board/Deputy member. The transactions were initial notifications involving the acquisition of shares on various dates and venues. On August 20, 2024, 30,000 shares were acquired on NASDAQ Helsinki at a unit price of 10.87 EUR. On August 21, 2024, multiple acquisitions totaling 971 shares occurred at BEUP with a volume-weighted average price of 10.87659 EUR, 29 shares at TQEA at 10.9 EUR, and 69,000 shares on NASDAQ Helsinki at 10.9 EUR. For further information, contact Maarit Mikkonen, Head of IR and Communications. Tokmanni Group is a leading variety discount retailer in the Nordics with over 6,000 employees and more than 370 stores. In 2023, the Group's revenue was EUR 1,392.7 million, and its shares are listed on Nasdaq Helsinki.

Tokmanni Group Corporation reported a managerial transaction involving Mikko Bergman, a board member, and Sompa Capital Oy, a closely associated legal entity. The initial notification details the acquisition of shares on 19 August 2024 at NASDAQ Helsinki Ltd. The transaction included multiple purchases totaling 10,000 shares at a volume-weighted average price of 10.99713 EUR per share. For further information, contact Maarit Mikkonen, Head of IR and Communications. Tokmanni Group is a leading variety discount retailer in the Nordics, operating over 370 stores and online platforms with 2023 revenue of EUR 1,392.7 million and a comparable EBIT of EUR 98.8 million. The company's shares are listed on Nasdaq Helsinki.

Tokmanni Group Corporation released its unaudited half-year financial report on August 16, 2024. The company updated its guidance for 2024, expecting revenue between EUR 1,650–1,730 million and comparable EBIT between EUR 98–118 million, down from previous estimates. President and CEO Mika Rautiainen noted that a tight economic climate led to cautious consumer behavior, affecting sales in Finland and Sweden. Despite this, Tokmanni's revenue grew by 32.5% in the second quarter, largely due to the acquisition of Dollarstore, although like-for-like revenue decreased by 2.4%. Grocery sales increased slightly and accounted for over half of total sales. The integration of Dollarstore is progressing well, with significant synergies already achieved. The company anticipates that an upcoming VAT rate increase in Finland will impact consumer demand and sales growth for the second half of the year. Efforts will focus on boosting sales and customer visits while continuing the integration of Dollarstore. An analyst and press conference will be held on the publication day, with further details available on Tokmanni Group's website. Contact information for key executives is provided for additional inquiries. Tokmanni Group is a leading discount retailer in the Nordics, with over 370 stores and a significant online presence.

Tokmanni Group Corporation announced that its second-quarter sales were impacted by the late start of the spring season. Consumer confidence in Finland is expected to remain weak for the rest of the year, and upcoming increases in VAT and higher freight costs are anticipated to negatively affect profitability in the second half of 2024. The company has updated its 2024 guidance, now expecting revenue between EUR 1,650–1,730 million and comparable EBIT between EUR 98–118 million, compared to the previous forecast of EUR 1,660–1,760 million in revenue and EUR 110–130 million in comparable EBIT. Preliminary unaudited figures for the first half of 2024 show revenue of approximately EUR 761.7 million and comparable EBIT of around EUR 22.7 million. The half-year financial report will be published on 16 August 2024. Tokmanni Group is a leading variety discount retailer in the Nordics, with over 370 stores and a significant online presence. In 2023, the Group reported revenue of EUR 1,393 million and a comparable EBIT of EUR 99 million. The company's shares are listed on Nasdaq Helsinki.