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.
Read moreTandem 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.
Read moreTandem 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.
Read moreTandem 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.
Read moreTandem 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.
Read moreTandem 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
Read moreTandem 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
Read moreTandem 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
Read moreTandem jumps as full-year profits ramp higher on mobility scooter acquisition
14th Apr 2015 08:41
Bike maker Tandem Group, which owns the Claud Butler and Dawes bicycle brands, saw its shares jump on Tuesday after reporting a significant lift in its full-year pre-tax profits. Revenues were up 10.5% to £31.3m, while profits before tax jumped significantly to £1.7m from £16,000 the year before, dr
Read moreTandem reports strong interim results driven by Disney licenses
17th Feb 2015 14:21
Shares in Tandem jumped on Tuesday after it said its full year results were helped by an increase in Disney licenses in its portfolio. The Britain-based designer, developer and distributor of sports and leisure products group saw its like-for-like revenues rose 6% to £31.3m compared to last year, wh
Read moreTandem Group records jump in revenue
10th Jun 2014 09:14
With revenues in the 22 weeks ended March 31st around 26% higher than those in the same period a year earlier, shares in Tandem Group were racing ahead on Tuesday. Speaking at the annual general meeting, Chariman Mervyn Keene told investors that within its bicycles and accessories business revenue
Read moreEconomic headwinds and competition hit Tandem
15th Feb 2012 07:53
Tandem, the maker of Dawes and Falcon bicycles, said economic uncertainty and intense competition in its markets continued throughout the five month period to 31 December 2011. The aim-listed firm said, "We expect that 2012 will be another challenging year with further input cost pressures, high l
Read morePoor retail outlook hits Tandem
9th Sep 2011 15:53
AIM-listed sports and leisure equipment firm Tandem has warned that profits are to fall in the first half, compared with the same period last year, due to broader challengers for retailers. Pre-tax profit in the six months to 31 July is expected to be lower than the £648,000 reported the year befor
Read moreTandem revenue slips as profits rise
3rd May 2011 07:21
Sports and leisure equipment firm Tandem said revenue for the year ended 31 January fell 3% while pre-tax profit increased. The group incurred a number of cost pressures such as increases in freight and raw materials prices as well as shipping line disruptions and Far East labour shortages. Revenu
Read moreTandem predicts marginally improved profit
9th Feb 2011 15:01
Sports and leisure equipment supplier Tandem says that its 2010-11 pre-tax profit will be slightly better than last year. AIM-quoted Tandem had already warned that Christmas trading might be weak and like-for-like turnover was 12.8% lower in the three months to December 2010. The poor weather had
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