Tokmanni falls after Q2 miss
07/08/2026 08:50
BUZZ-Tokmanni falls after Q2 miss ** Shares in Tokmanni Group TOKMAN.HE fall 9% after the Finnish discount retailer reported Q2 results below estimates
** It reports quarterly net sales of €457.7 million ($527.36 million), below IBES estimate €462.4 million
** Inderes notes that the reported result looks weak due to the non-cash flow-in write-downs
** Tokmanni keeps FY adjusted operating profit guidance range at €85-€105 million
** However, Inderes says the company is now €3 million behind the previous year's adjusted operating profit level
** The broker adds this calls for good performance in H2 but still maintains the risk of a profit warning
** Up to Thursday's market close, shares were down 8.5% YTD
($1 = 0.8679 euros)
(Reporting by Vera Dvorakova)