6th Feb 2026 12:05
(Alliance News) - Tandem Group PLC on Friday backed the strength of its operating model as it noted revenue gains in 2025, and guided pretax profit before exceptional items ahead of expectations.
Shares in Tandem were up 8.8% at 185.00 pence around midday on Friday in London.
The Birmingham, England-based developer of sports, leisure and mobility products said it delivered "another year of progress" in 2025, as it reported a 6.2% gain in revenue to GBP26.2 million from GBP24.6 million in 2024.
Tandem noted this growth was despite ongoing macroeconomic headwinds and consumer confidence weakness. The company explained that a combination of tighter cost control, disciplined inventory management and favourable currency movements offered a "strong platform" for the year.
"Although the wider consumer environment remained challenging through the second half, the group continued to demonstrate resilience, adaptability and effective execution", said Tandem.
The company said it expects pretax profit before exceptional items to come in "slightly ahead" of market expectations for 2025. Tandem did not provide these exact expectations.
In terms of divisions, Tandem noted that Bicycles grew 38%, Golf delivered 8.6% growth and Home & Garden advanced 30%.
Looking to the current year, Tandem said trading so far in 2026 has been in line with its expectations, with management continuing to target revenue growth broadly in line with 2025.
The company is also targeting further improvements in margins and profitability, with these supported by "rigorous" cost discipline and operational efficiency.
Tandem anticipates reporting its full-year results on March 31.
By Christopher Ward, Alliance News reporter
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