Stock Analysis
- Finland
- /
- General Merchandise and Department Stores
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- HLSE:TOKMAN
Tokmanni Group Oyj Full Year 2023 Earnings: EPS Misses Expectations
Tokmanni Group Oyj (HEL:TOKMAN) Full Year 2023 Results
Key Financial Results
- Revenue: €1.39b (up 19% from FY 2022).
- Net income: €54.0m (down 8.0% from FY 2022).
- Profit margin: 3.9% (down from 5.0% in FY 2022). The decrease in margin was driven by higher expenses.
- EPS: €0.92 (down from €1.00 in FY 2022).
TOKMAN Sales Performance
- Like-for-like sales growth: 1.1% vs FY 2022.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tokmanni Group Oyj EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.6%.
Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Multiline Retail industry in Europe.
Performance of the market in Finland.
The company's shares are up 1.5% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Tokmanni Group Oyj you should be aware of.
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Find out whether Tokmanni Group Oyj is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About HLSE:TOKMAN
Tokmanni Group Oyj
Tokmanni Group Oyj operates as a discount retailer in Finland, Sweden, and Denmark.
Undervalued with reasonable growth potential.