Tokmanni Group Corp (STU:TK9)
€ 12.75 0.27 (2.16%) Market Cap: 755.05 Mil Enterprise Value: 1.57 Bil PE Ratio: 16.25 PB Ratio: 3.05 GF Score: 77/100
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Half Year 2024 Tokmanni Group Oyj Earnings Call Transcript

Aug 16, 2024 / 07:00AM GMT
Release Date Price: €10.81 (-3.48%)
Mika Rautiainen
Tokmanni Group Oyj - Chairman of the Executive Group, Chief Executive Officer

Good morning, and thank you for joining Tokmanni Group's first-half 2024 result presentation. My name is Mika Rautiainen. And today, together with me Tokmanni Group CFO, Mr. Tapio Arimo, will present the results for the second quarter and the first half of 2024. I will first go through the key points for the second quarter and Tapio will then give a little bit more light on the financial figures. Then couple of words regarding the outlook for the rest of the year and then it's time for questions.

(Event Instructions) Let's start with the with the presentation. So tight market, and a late start of the spring season impacted revenue and EBIT.

Tokmanni's store number 377 at the end of June this year and Dollarstore segment 25% of the total revenue and Tokmanni segment, 75%. So let's look at the group's key points. Customer were cautious when making purchase decisions. The tight economic situation continued during the second quarter and actually in both countries in Finland and in Sweden. Number

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