1. Homepage
  2. Equities
  3. Denmark
  4. Nasdaq Copenhagen
  5. TCM Group A/S
  6. News
  7. Summary
    TCM   DK0060915478

TCM GROUP A/S

(TCM)
  Report
Delayed Nasdaq Copenhagen  -  05/25 10:53:56 am EDT
93.10 DKK   -1.69%
05/23Reporting of Manager's transactions – CEO buys shares in TCM Group A/S
GL
05/23Reporting of Manager's transactions – CEO buys shares in TCM Group A/S
GL
05/19Reporting of Manager's transactions – CEO buys shares in TCM Group A/S
GL
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Webcast Presentation Q3 2021

11/12/2021 | 03:27am EDT

TCM Group A/S

Interim Report July-September 2021

November 12, 2021

Business update Q3 2021

  • Organic like-for-like growth of 10%.
  • Customer demand remained solid in the quarter.
  • Growth driven by all three brands with the highest growth rates within our DIY segment (Nettoline and e-commerce).
  • Number of branded stores was 91 (88). New Nettoline store opened in Randers. In October, a new Svane store opened in Copenhagen and a Tvis Køkkener store opened in Roskilde.
  • Intensified focus on e-commerce with the Celebert transaction.

2

Challenged supply chain

  • Unprecedented instability in the supply chain.
  • On-goingmitigation to limit impact on customers, leading to additional costs.
  • Significant price increases on raw material.
  • Sales price increase has been implemented and will mitigate the pressure on input costs in Q4.

3

Revenue growth in Q3 of 6.1%

Revenue

262 mDKK

(247 mDKK)

Cash conversion

6.1%

56.4%

revenue growth

(94.3%)

NWC ratio

Adjusted EBIT

-4.6%

32 DKK

(-8.0%)

(33 mDKK)

Adjusted

EBIT margin

12.1%

(13.4%)

4

Q3 revenue growth driven by all brands

2021

2020

2021

2020

Jul-Sep

Jul-Sep

Jan-Sep

Jan-Sep

Net revenue (mDKK)

262

247

834

762

- Organic growth

6.1%

9.5%

Q3 comments:

Reported revenue growth in Denmark was +5.4%.

5.4% growth

Growth in Denmark driven by all three brands.

in DK revenue

  • Highest growth rate was achieved within our DIY segment.
  • Revenue outside Denmark increased by 16.3%, driven by growth in sales to the Norwegian market, both organic growth and growth from new stores, but also because Q3 2020 was a soft comparison.

16.3% growth

in revenue outside DK

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

TCM Group A/S published this content on 12 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 08:26:24 UTC.


ę Publicnow 2021
All news about TCM GROUP A/S
05/23Reporting of Manager's transactions – CEO buys shares in TCM Group A/S
GL
05/23Reporting of Manager's transactions – CEO buys shares in TCM Group A/S
GL
05/19Reporting of Manager's transactions – CEO buys shares in TCM Group A/S
GL
05/19Reporting of Manager's transactions – CEO buys shares in TCM Group A/S
GL
05/19TCM Group A/S announced that it has received DKK 0.7 million in funding
CI
05/18TRANSCRIPT : TCM Group A/S, Q1 2022 Earnings Call, May 18, 2022
CI
05/18TCM GROUP A/S : Interim report Q1 2022
GL
05/18TCM Group A/S Reports Earnings Results for the First Quarter Ended March 31, 2022
CI
05/18TCM Group A/S Reiterates Revenue Guidance for Full Year 2022
CI
05/10TCM GROUP A/S : Major shareholder announcement
GL
More news
Financials
Sales 2022 1 151 M 166 M 166 M
Net income 2022 101 M 14,5 M 14,5 M
Net Debt 2022 235 M 33,8 M 33,8 M
P/E ratio 2022 8,39x
Yield 2022 12,1%
Capitalization 764 M 110 M 110 M
EV / Sales 2022 0,87x
EV / Sales 2023 0,83x
Nbr of Employees 496
Free-Float 74,0%
Chart TCM GROUP A/S
Duration : Period :
TCM Group A/S Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TCM GROUP A/S
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 93,10 DKK
Average target price 154,00 DKK
Spread / Average Target 65,4%
EPS Revisions
Managers and Directors
Torben Paulin Chief Executive Officer
Mogens Elbr°nd Pedersen Chief Financial Officer
Sanna Mari Suvanto-Harsaae Chairman
Anders Tormod Skole-S°rensen Deputy Chairman
S°ren Mygind Eskildsen Independent Director
Sector and Competitors