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
