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TCM Group A/S (TCM.CO)

Copenhagen - Copenhagen Real-time price. Currency in DKK
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156.00+3.50 (+2.30%)
As of 9:17AM CEST. Market open.
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Previous close152.50
Bid155.50 x 0
Ask157.00 x 0
Day's range153.50 - 158.00
52-week range115.50 - 186.50
Avg. volume20,462
Market cap1.512B
Beta (5Y monthly)0.94
PE ratio (TTM)15.26
EPS (TTM)10.22
Earnings date18 Aug 2020
Forward dividend & yield7.50 (4.48%)
Ex-dividend date14 Apr 2021
1y target est130.00
  • Globe Newswire

    TCM Group A/S: Transactions in connection with share buy-back programme

    COMPANY ANNOUNCEMENT No. 87/2021 Tvis, 21 June 2021 Transactions in connection with share buy-back programme As mentioned in announcement no. 77/2021, TCM Group A/S (”TCM Group” or ”the Company”) has initiated a share buy-back programme which will run from 26 April 2021 until 11 March 2022. During this period, the Company will buy own shares for up to a maximum of DKK 100 million under the programme. The share buyback has been set up and structured in accordance with the safe harbour rules in ar

  • Globe Newswire

    TCM Group A/S: Interim report Q1 2021

    COMPANY ANNOUNCEMENT No. 82/2021 Tvis, 19 April 2021 Interim report Q1 2021 (January 1 - March 31) (All figures in brackets refer to the corresponding period in 2020) Double-digit growth in revenue and earnings in the first quarter. CEO Torben Paulin:“We had a good start in the first quarter of 2021 with double-digit growth in both revenue and earnings. Revenue grew by 10.6% to record high DKK 281 million, through organic growth of 13% off-set by the divestment of the Svane Køkkenet store in Copenhagen. The revenue growth was driven by all our four brands with the highest growth rates within our DIY segment (Nettoline and and a higher share of revenue from third party products. Adjusted EBIT grew 11.0% from DKK 29.7 million to DKK 33.0 million. We reiterate our financial outlook: a revenue in the range of DKK 1,040-1,100 million, and adjusted EBIT in the range of DKK 145-160 million. The market is characterized by pressure on raw material prices and availability, combined with general market uncertainties.” Financial highlights Q1 Revenue DKK 281.1 million (DKK 254.2 million) corresponding to a revenue growth of 10.6%.Adjusted EBITDA DKK 37.6 million (DKK 35.0 million). Adjusted EBITDA margin was 13.4% (13.8%).Adjusted EBIT up DKK 3.3 million to DKK 33.0 million (DKK 29.7 million). Adjusted EBIT margin was 11.7% (11.7%)Non-recurring items had a total negative impact of DKK 1.3 million. Non-recurring items included costs related to Covid-19 precautions, restructuring costs within our supply chain organisation offset by the gain from the divestment of an own operated store.EBIT up DKK 1.9 million to DKK 31.6 million (DKK 29.7 million), corresponding to an EBIT margin of 11.3% (11.7%).Net profit up DKK 2.1 million to DKK 24.7 million (DKK 22.6 million).Free cash flow was DKK -24.6 million (DKK -22.3 million).Cash conversion ratio was 83.4% (87.3%). ContactFor further information, please contact:CEO Torben Paulin +45 21210464CFO Mogens Elbrønd Pedersen +45 97435200IR Contact - Presentation The interim report will be presented on Wednesday 19 May at 9:30 CEST in a teleconference that can be followed on TCM Groups website or on participate in the teleconference, and thus have the possibility to ask questions, call one of the following numbers: Confirmation Code: 8968792 Denmark, Copenhagen +45 32 72 04 17United Kingdom +44 (0) 8444819752Sweden, Stockholm +46 (0) 856618467 About TCM Group A/STCM Group is Scandinavia’s third largest kitchen manufacturer, with the major part of its business concentrated in Denmark. The product offering includes cabinets, table tops and storage. Manufacturing is generally carried out in-house and more than 90% is manufactures to a specific customer order. Production sites are located in Denmark, with three factories in Tvis and Aulum (outskirts of Holstebro). The Group pursues a multi-brand strategy, under which the main brand is Svane Køkkenet and the secondary brands are Tvis Køkkener, Nettoline, kitchn and private label. Combined, the brands cater for the entire price range. Products are mainly marketed through a network of franchise stores and independent kitchen retailers. Attachments 82. Q1 Interim Report 2021 Q1 2021 interim report - UK

  • Globe Newswire

    TCM Group A/S: Result of share buyback

    COMPANY ANNOUNCEMENT No. 78/2021 Tvis, 23 April 2021 Result of share buyback completed on 22 April 2021 On 15 April 2021 TCM Group A/S ("TCM Group" or the "Company") announced a share buy-back of up to DKK 50m, which gave all shareholders an opportunity to sell their shares in the Company. The price range for the share buyback was DKK 150-180 per share. The offer period expired at 04:00 pm CEST on 22 April 2021 and the submitted bids have now been assessed. On this basis, TCM Group's Board of Directors has decided to buy back a total of 285,714 shares at DKK 175 per share of nominal value DKK 0.10, corresponding to a total purchase sum of DKK 50m. Participating shareholders who have specified a minimum bid price that is less than or equal to DKK 175 per share, and who have offered 50 shares or fewer for sale, will obtain a full allocation. Participating shareholders who have specified a minimum bid price that is less than or equal to DKK 175 per share, and who have offered more than 50 shares, will obtain an allocation of 50 shares and 78% of the order which exceeds 50 shares. The trading of the shares will be registered on 26 April 2021 and the settlement of the share buyback is expected to be completed on 28 April 2021 via the individual shareholder's depositary bank or stockbroker. Before the completion of this share buyback, TCM Group had no holding of own shares. For further information please contact:Torben Paulin, CEO, TCM Group A/S, +45 21 21 04 64 About TCM Group TCM Group is Scandinavia’s third largest manufacturer of kitchens and furniture for bathrooms and storage. The products are Danish design, produced in Denmark and rooted in a proud tradition of good quality and good craftsmanship. TCM Group pursues a multi-brand strategy, under which the main brand is Svane Køkkenet and the other brands are Tvis Køkkener, Nettoline and kitchn. Combined, the brands cater for the entire price spectrum, and are sold through c. 140 dealers in Denmark and the rest of the Scandinavia. In addition, TCM Group sells private label kitchens through DIY stores in Denmark and independent kitchen stores in Norway. See for more information. Attachment 78. Result of share buyback