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Tandem Group (TND) Share News

IN BRIEF: Tandem notes challenging trading conditions as sales decline

29th Jun 2023 12:04

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

Tandem Group sees significant drop in annual profit and revenue

27th Mar 2023 14:31

(Alliance News) - Tandem Group PLC on Monday said annual pretax profit and revenue fell amid "challenging" economic climate and exceptional costs. Read More

UK earnings, trading statements calendar - next 7 days

20th Mar 2023 15:54

TRADING UPDATES: Tandem says revenue to fall, in line with market view

1st Feb 2023 14:33

(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

IN BRIEF: Tandem shares down as interim profit slumps

15th Sep 2022 14:08

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

AIM WINNERS & LOSERS: Bango up on deal; Naked Wines sinks on warning

23rd Jun 2022 11:35

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More

Tandem shares drop as customer demand falls amid challenging trading

23rd Jun 2022 10:29

(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

UK shareholder meetings calendar - next 7 days

16th Jun 2022 16:03

IN BRIEF: Tandem appoints former Pure Electric head Kimberley as CEO

19th May 2022 18:07

Tandem Group PLC - Solihull, England-based sports product distributor - Appoints Peter Kimberley as chief executive officer with immediate effect, replacing Jim Shears after two years in the role. Read More

IN BRIEF: Tandem shares dive as CEO Jim Shears to resign in May

27th Apr 2022 12:11

Tandem Group PLC - Solihull, England-based sports product distributor - Shares slump as company announces that its Chief Executive Officer Jim Shears will leave on May 6. Shears joined company as group financial controller in 2002. He became finance director in June 2010 and chief executive officer in August 2020. Read More

IN BRIEF: Tandem falls as current trading drops behind previous year

28th Mar 2022 10:58

Tandem Group PLC - Solihull, England-based sports product distributor - Increases pretax profit by 18% in 2021 to GBP4.7 million from GBP4.0 million. Revenue rises 10% to GBP40.9 million from GBP37.1 million. Company says that the year was affected by stock availability for bicycles. As a result, the division finished 12% behind the previous year. Adds that licensed characters bicycles were 30% behind the prior year due to supply chain issues. Proposes a final dividend of 6.57 pence, up 19% from 5.50p year-on-year. Read More