Tandem Group (TND)

Sector:

Leisure Products

Index:

FTSE AIM All-Share

202.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 255.00
  • 52 Week Low: 115.00
  • Currency: UK Pounds
  • Shares Issued: 5.47m
  • Volume: 897
  • Market Cap: £11.05m
  • RiskGrade: 205

Tandem Group's shares surge on promise of increased 2017 profitability

By Andrew Schonberg

Date: Tuesday 07 Mar 2017

LONDON (ShareCast) - (ShareCast News) - Shares in Tandem Group are up almost a third as investors liked its confident assessment that, despite a degree of macro-economic uncertainty, the group will show increased profitability in 2017.
It added that group operating profit after exceptional items was seen to be ahead of the prior year, with revenue for the 12 months to 31 December 2016 up 12% on the year to £38.4m.

"Margins were under pressure during the second half of the year as a result of sterling weakness and increased import duty on some of our products as we previously reported," the company said in a trading update.

"To compensate for this we implemented a price increase in the latter part of the year, negotiated better buying prices with suppliers and where this could not be achieved, re-sourced to new factories," it added.

"As a result of these actions we expect to see an improvement in margin in 2017."

At 10:18 GMT, shares in AIM-quoted Tandem were up 29.27% to 132.5p each.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tandem Group Market Data

Currency UK Pounds
Share Price 202.00p
Change Today 3.00p
% Change 1.51 %
52 Week High 255.00
52 Week Low 115.00
Volume 897
Shares Issued 5.47m
Market Cap £11.05m
RiskGrade 205

Tandem Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.54% below the market average57.54% below the market average57.54% below the market average57.54% below the market average57.54% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Price Trend
11.54% below the market average11.54% below the market average11.54% below the market average11.54% below the market average11.54% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income
35.94% below the market average35.94% below the market average35.94% below the market average35.94% below the market average35.94% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
95.89% below the market average95.89% below the market average95.89% below the market average95.89% below the market average95.89% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

Tandem Group Dividends

  Latest Previous
  Final Interim
Ex-Div 11-May-23 06-Oct-22
Paid 06-Jul-23 15-Nov-22
Amount 6.57p 3.43p

Trades for 28-Mar-2024

Time Volume / Share Price
11:35 208 @ 195.50p
09:24 150 @ 195.00p
09:00 500 @ 195.00p
09:00 500 @ 195.00p
08:23 39 @ 194.80p

Tandem Group Key Personnel

CEO Peter Kimberley

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