Tandem warns on FY profits, shares slide

13th Dec 2023 10:46

(Sharecast News) - Sports equipment company Tandem Group warned on Wednesday that full-year profits were set to come in well behind expectations as a result of weak toy and garden products sales.

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Director dealings: Tandem chairman offloads 15,000 shares

11th Jun 2021 16:16

(Sharecast News) - Tandem Group revealed on Friday that chairman Stephen Grant had disposed of 15,000 ordinary shares in the AIM-listed sports and leisure products retailer.

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Tandem YTD revenues up almost a quarter despite strong comparatives

2nd Jun 2021 08:14

(Sharecast News) - Sports and leisure products retailer Tandem Group said on Wednesday that trading had "remained robust" since February albeit against a much stronger prior year comparative, with group-wide revenues up 24% year-on-year.

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Tandem acquires freehold land for Birmingham expansion

11th Mar 2021 15:53

(Sharecast News) - Sports, leisure and mobility equipment distributor and retailer Tandem Group announced the acquisition of freehold land next to its Birmingham headquarters.

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Tandem Group H1 revenues drop

28th Aug 2020 09:20

(Sharecast News) - Sports and leisure equipment manufacturer Tandem Group said on Friday that interim profits had declined year-on-year as a result of declining orders from retailers and a limited supply of bicycles.

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Tandem defeats biggest shareholder in AGM pay dispute

25th Jun 2020 14:06

(Sharecast News) - Tandem has defeated its biggest shareholder's attempt to oust senior board members and reject new articles of association at the bicycle maker's annual general meeting.

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Tandem in row with biggest shareholder over board pay

10th Jun 2020 13:46

(Sharecast News) - The maker of Claud Butler and Dawes bicycles is in a battle with its biggest shareholder over how much it pays non-executive directors.

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Tandem warns of weakened order book amid Covid-19 lockdowns

28th May 2020 10:52

(Sharecast News) - Sports and mobility equipment retailer Tandem Group warned on Thursday that the Covid-19 pandemic had led to a decline in its overall order book.

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Tandem Group starts year slower amid coronavirus concerns

10th Feb 2020 15:04

(Sharecast News) - Sports, leisure and mobility equipment company Tandem Group updated the market on its trading for 2019 on Monday, reiterating that revenue in the first half of the year was up around 27% as a result of strong performance from both licensed and own-brand properties.

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Tandem Group swings to profit after licensed properties strength

30th Sep 2019 15:20

(Sharecast News) - Tandem Group on Monday swung to an interim profit after revenue jumped on the back of a strong performance from its licensed properties.

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Tandem Group shares tumble as group remains cautious of 'ongoing Brexit debacle'

27th Jun 2019 08:57

(Sharecast News) - Despite reporting overall revenue growth, sports and leisure products distributor Tandem Group's shares tumbled on Thursday after its chairman told investors at the group's annual general meeting that there had been an ongoing decline in its more traditional independent bicycle dealer sales in the six months ended 23 June.

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Tandem slows revenue decline as it works on recovery

4th Mar 2019 14:45

(Sharecast News) - Sports, leisure and mobility equipment company Tandem Group updated the market on its trading on Monday, reiterating that the first half of 2018 was characterised by poor weather, large overstocks with a certain retailer, destocking among other customers, and the ongoing impact of the demise of Toys R Us.

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Tandem slides as it warns over bicycle division

9th Mar 2016 09:52

(ShareCast News) - Shares in AIM-listed Tandem Group slid as the company said its bicycles and mobility division was in for a challenging year. Tandem, which designs, develops and distributes sports and leisure products, said it has produced a strong range of cycles for this year, but warned the mid

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Tandem to pay extra £0.3m after finalising ESC deal

8th Oct 2015 10:21

(ShareCast News) - Sports leisure company Tandem Group said it has finalised the terms for the acquisition of Airwave, Windbar, Jack Stonehouse and Carpzone brands operator ESC. As result of the purchase, the London-listed group said it will have to pay a further £300,000 as initial consideration, h

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Tandem Group completes ESC deal

2nd Sep 2015 10:07

(ShareCast News) - Sports and leisure equipment maker Tandem Group has agreed a deal to acquire ESC, an online retailer of gazebos, party tents household kitchen and fishing products. The London-listed group will pay an initial £2.1m, with up to a further £750,000 to be paid over the next 12 months

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