Tandem says revenue climbed in 2024 despite subdued spending
7th Feb 2025 15:20
(Alliance News) - Tandem Group PLC on Wednesday said revenue grew in 2024 despite ongoing challenges in the consumer sector amid economic pressures in the UK. Read More
(Alliance News) - Tandem Group PLC on Wednesday said revenue grew in 2024 despite ongoing challenges in the consumer sector amid economic pressures in the UK. Read More
(Alliance News) - Tandem Group PLC on Friday announced the signing of an exclusive distribution and sales partnership in the UK with the Dutch bicycle manufacturer VanMoof BV. Read More
(Alliance News) - Tandem Group PLC on Thursday posted improved first half results, but bemoaned the impact of a challenging trading environment, driven in part by an increase in freight rates. Read More
Tandem Group PLC - Birmingham, England-based sports and leisure product retailer - names Gurvinder Kaur as new chief financial officer, and as a director of the company, with immediate effect. Kaur has been with Tandem for over 24 years, and most recently served as chief commercial officer for Tandem Group Trading Ltd, the firm's main trading subsidiary. Read More
Tandem Group PLC - Birmingham, England-based sports and leisure product retailer - Expects to meet market expectations for 2024, though it notes a "challenging environment marked by increasing freight costs". These have more than trebled "in recent months," citing the ongoing conflict in the Red Sea. "Additionally, we have experienced some of the wettest seasonal weather on record, further impacting consumer demand. Moreover, high interest rates have persisted longer than anticipated, restricting consumer spending power and presenting another layer of complexity to our market dynamics," Chair Steve Grant says ahead of the firm's annual general meeting. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
Tandem Group PLC - Birmingham, England-based sports and leisure product retailer - Revenue in 2023 falls by 17% to GBP22.2 million from GBP26.7 million a year earlier. Swings to pretax loss of GBP1.2 million from a profit of GBP900,000. Says the results are in line with market expectations. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Tandem Group PLC shares fell on Wednesday, after it reported disappointing first-half results and declared no interim dividend. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
Tandem Group PLC - Birmingham, England-based sports and leisure product retailer - Says trading conditions to June have remained "persistently challenging", but is "pleased" with performance in bikes and eMobility during the second quarter of the year. Notes a 26% decline in sales from a year prior. Looking ahead, expects challenges to continue throughout the remainder of 2023, but remains confident in its ability to continue building and gaining market share. Read More
(Alliance News) - Tandem Group PLC on Monday said annual pretax profit and revenue fell amid "challenging" economic climate and exceptional costs. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Tandem Group PLC - Solihull, England-based sports product distributor - Posts a decline of 33% in revenue to GBP12.9 million in the six months to June 30 from GBP19.3 million a year earlier. Pretax profit plummets to GBP307,000 from GBP1.9 million, as exceptional costs amounted to GBP172,000 compared to none a year ago. Operating profit slumps to GBP600,000 from GBP2.0 million a year earlier. Cash amounts to GBP1.5 million as at June 30. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - Tandem Group PLC on Thursday reported "challenging" trading in the 24 weeks to June 2022 as sales and demand across its divisions fell. Read More