Tokmanni’s Q4 progressed favorably considering the key metrics for the business. However, there was a slight softness in margin levels, which should correct over time.

Tokmanni will report its Q4 results on Friday at 8:00 am EET. We expect the year-end to have been good for the company in all its main markets, which will support earnings growth

On an annual basis, total trade grew by 2%, driven in practice only by food. Thus,

Tokmanni Oy has signed a licence agreement with SPAR International.

The target market of Kesko, Tokmanni and Lindex’s Stockmann division, i.e., the department store and hypermarket chains, grew by 4.7% year-on-year.

The target market of Kesko, Tokmanni and Lindex's Stockmann division, i.e. department store and hypermarket chains, posted a 2.4% increase in revenue after a sluggish September. Growth was driven by food product groups (4.9%), while durable goods (-3.1%) continued their downward trend.

The target market of Kesko, Tokmanni and Lindex’s Stockmann, i.e., the department store and hypermarket chains, saw revenue fall by one per cent in September.