Picture of Tokmanni Oyj logo

TOKMAN Tokmanni Oyj News Story

0.000.00%
fi flag iconLast trade - 00:00
Consumer CyclicalsAdventurousMid CapContrarian

Retailer Tokmanni slumps on Q1 miss, hit by high energy costs

** Shares in Tokmanni TOKMAN.HE fall 14.5% after the Finland-based discount retailer posted a higher-than-expected loss in Q1

** It books a comparable operating loss for the quarter at 13.7 million euros ($16.1 million) against a loss of 9.2 million expected by analysts on average

** Tokmanni cites the impact from increased energy costs as well as higher operating expenses in its Dollarstore business in Sweden and Denmark

** The company maintains its expectations for growing revenue and EBIT in 2026, but Inderes says the weak earnings cast doubt on the guidance

** Tokmanni shares erase YTD gains and are set for their worst day since November

($1 = 0.8514 euros)

(Reporting by Boleslaw Lasocki)

((boleslaw.lasocki@thomsonreuters.com; +48 58 769 66 00;))

Recent news on Tokmanni Oyj

See all news