NEWSFLOW
Tandem (#TND) – expects FY profit “in line with or slightly ahead of current market expectations”
- 2021-12-07 07:46:40
Sports, leisure and mobility equipment group Tandem (TND) has announced its results for the first half of calendar 2021 and said that “the outlook for the remainder of 2021 remains positive”.
Previously writing on sports, leisure and mobility equipment group Tandem (TND), in February with the shares at 545p I questioned sustainable growth or not?, concluding the shares still on the watchlist. They have since been above 700p but are currently 565p despite an AGM Statement today including “revenue for the 25 weeks to 22 June 2021 approximately 14% ahead of the same period in the previous year” and “forward order books are at record levels with group outstanding orders currently totalling £34.7 million compared to £10.7 million at the same point last year”. So what’s going on?...
Sports, leisure and mobility equipment group Tandem (TND) has made a trading update including that “unaudited group revenue for the full year was approximately £37.1 million” and “revenue to the end of January 2021 was approximately 75% ahead of the same period last year”. So what of a now 545p share price, £27.5 million market cap, it is up to?...
“Designers, developers, distributors and retailers of sports, leisure and mobility equipment”, Tandem Group (TND) has updated including “turnover and profit before and after tax for the 6 months to 30 June 2020 are expected to be ahead of the prior year” – and the shares have currently responded higher to 380p...
