Tandem Group plc ( (GB:TND) ) has shared an announcement.
Tandem Group plc reported an 11% increase in revenue to £24.6 million for the year ending December 31, 2024, with significant growth in toys, sports, leisure, and bicycles, despite a decline in the Home & Garden segment due to unfavorable weather conditions. The company returned to profitability with a pre-tax profit of £0.5 million, and despite market challenges, it remains optimistic about future growth, supported by strategic initiatives and a strong start to 2025 sales.
More about Tandem Group plc
Tandem Group plc is involved in the design, development, distribution, and retail of sports, leisure, and mobility equipment. The company focuses on various product categories including toys, sports and leisure, bicycles, and golf equipment, with a market presence in both licensed and own-brand products.
YTD Price Performance: 6.15%
Average Trading Volume: 3,969
Technical Sentiment Signal: Buy
Current Market Cap: £9.44M
Learn more about TND stock on TipRanks’ Stock Analysis page.