Tokmanni Group Oyj

Earnings Release • Mar 22, 2024

Disclosure 444326

Tokmanni Group Oyj - Other information disclosed according to the rules of the Exchange

Tokmanni Group's new segment reporting

Tokmanni Group Corporation Stock exchange release 22 March 2024 at 8:05 a.m. Tokmanni Group Corporation has changed its segment reporting because of the Dollarstore acquisition. Going forward, Tokmanni Group will have two reportable segments, Tokmanni and Dollarstore. Tokmanni includes Tokmanni, Miny, Click Shoes and Shoe House stores, as well as the Tokmanni and Click Shoes online stores. Dollarstore consists of Dollarstore and Bigdollar stores. The figures of the Dollarstore business have been consolidated with those of the Tokmanni Group as of 1 August 2023. The key figures for the period 1 January 2022-31 December 2023 according to the new segment reporting are presented below. Key figures according to the new segment reporting Q1/2022 Tokmanni Dollarstore Group functions Total and eliminations Revenue, MEUR 227.4 0.0 0.0 227.4 Like-for-like revenue, % -2.7 0.0 0.0 -2.7 Comparable gross profit, 73.7 0.0 0.0 73.7 MEUR Comparable gross profit, 32.4 0.0 0.0 32.4 % Comparable EBIT, MEUR -0.2 0.0 -0.3 -0.5 Comparable EBIT, % -0.1 0.0 0.0 -0.2 Return on capital 16.4 0.0 0.0 16.3 employed, %, rolling 12 months Inventories at the end 305.9 0.0 0.0 305.9 of period, MEUR Net capital expenditure, 10.8 0.0 0.0 10.8 MEUR Number of stores at the 197 0 0 197 end of period Q2/2022 Tokmanni Dollarstore Group functions Total and eliminations Revenue, MEUR 306.7 0.0 0.0 306.7 Like-for-like revenue, % -1.5 0.0 0.0 -1.5 Comparable gross profit, 106.9 0.0 0.0 106.9 MEUR Comparable gross profit, 34.8 0.0 0.0 34.8 % Comparable EBIT, MEUR 27.4 0.0 -0.4 27.0 Comparable EBIT, % 8.9 0.0 0.0 8.8 Return on capital 15.1 0.0 0.0 15.0 employed, %, rolling 12 months Inventories at the end 313.9 0.0 0.0 313.9 of period, MEUR Net capital expenditure, 11.6 0.0 0.0 11.6 MEUR Number of stores at the 197 0 0 197 end of period Q3/2022 Tokmanni Dollarstore Group functions Total and eliminations Revenue, MEUR 294.9 0.0 0.0 294.9 Like-for-like revenue, % 2.1 0.0 0.0 2.1 Comparable gross profit, 97.9 0.0 0.0 97.9 MEUR Comparable gross profit, 33.2 0.0 0.0 33.2 % Comparable EBIT, MEUR 23.7 0.0 -0.2 23.5 Comparable EBIT, % 8.0 0.0 0.0 8.0 Return on capital 14.3 0.0 0.0 14.1 employed, %, rolling 12 months Inventories at the end 332.3 0.0 0.0 332.3 of period, MEUR Net capital expenditure, 11.4 0.0 0.0 11.4 MEUR Number of stores at the 198 0 0 198 end of period Q4/2022 Tokmanni Dollarstore Group functions Total and eliminations Revenue, MEUR 339.0 0.0 0.0 339.0 Like-for-like revenue, % -1.0 0.0 0.0 -1.0 Comparable gross profit, 119.5 0.0 0.0 119.5 MEUR Comparable gross profit, 35.2 0.0 0.0 35.2 % Comparable EBIT, MEUR 36.0 0.0 -0.3 35.8 Comparable EBIT, % 10.6 0.0 0.0 10.5 Return on capital 13.4 0.0 0.0 13.2 employed, %, rolling 12 months Inventories at the end 281.3 0.0 0.0 281.3 of period, MEUR Net capital expenditure, 20.5 0.0 0.0 20.5 MEUR Number of stores at the 202 0 0 202 end of period Q1/2023 Tokmanni Dollarstore Group functions Total and eliminations Revenue, MEUR 238.2 0.0 0.0 238.2 Like-for-like revenue, % 2.7 0.0 0.0 2.7 Comparable gross profit, 75.5 0.0 0.0 75.5 MEUR Comparable gross profit, 31.7 0.0 0.0 31.7 % Comparable EBIT, MEUR -1.9 0.0 -0.3 -2.2 Comparable EBIT, % -0.8 0.0 0.0 -0.9 Return on capital 12.9 0.0 0.0 12.7 employed, %, rolling 12 months Inventories at the end 300.7 0.0 0.0 300.7 of period, MEUR Net capital expenditure, 18.3 0.0 0.0 18.3 MEUR Number of stores at the 231 0 0 231 end of period Q2/2023 Tokmanni Dollarstore Group functions Total and eliminations Revenue, MEUR 318.9 0.0 0.0 318.9 Like-for-like revenue, % 1.0 0.0 0.0 1.0 Comparable gross profit, 115.1 0.0 0.0 115.1 MEUR Comparable gross profit, 36.1 0.0 0.0 36.1 % Comparable EBIT, MEUR 28.8 0.0 -0.3 28.5 Comparable EBIT, % 9.0 0.0 0.0 8.9 Return on capital 13.0 0.0 0.0 12.8 employed, %, rolling 12 months Inventories at the end 292.0 0.0 0.0 292.0 of period, MEUR Net capital expenditure, 15.0 0.0 0.0 15.0 MEUR Number of stores at the 235 0 0 235 end of period Q3/2023 Tokmanni Dollarstore Group functions Total and eliminations Revenue, MEUR 300.0 64.3 0.0 364.3 Like-for-like revenue, % -1.0 7.0 0.0 0.3 Comparable gross profit, 102.3 24.6 0.0 126.9 MEUR Comparable gross profit, 34.1 38.3 0.0 34.8 % Comparable EBIT, MEUR 24.9 1.8 -0.4 26.4 Comparable EBIT, % 8.3 2.9 0.0 7.2 Return on capital 12.8 0.0 0.0 11.9 employed, %, rolling 12 months Inventories at the end 283.4 92.5 0.0 375.8 of period, MEUR Net capital expenditure, 187.5 0.5 0.0 188.0 MEUR Number of stores at the 236 133 0 369 end of period Q4/2023 Tokmanni Dollarstore Group functions Total and eliminations Revenue, MEUR 351.5 119.8 -0.1 471.2 Like-for-like revenue, % 0.6 2.1 0.0 1.0 Comparable gross profit, 122.6 49.5 -0.1 172.0 MEUR Comparable gross profit, 34.9 41.3 36.5 % Comparable EBIT, MEUR 36.1 10.7 -0.6 46.2 Comparable EBIT, % 10.3 9.0 9.8 Return on capital 12.5 0.0 0.0 11.6 employed, %, rolling 12 months Inventories at the end 248.8 94.1 0.0 342.9 of period, MEUR Net capital expenditure, 15.7 1.8 0.0 17.5 MEUR Number of stores at the 238 134 0 372 end of period For further information, please contact Tapio Arimo, CFO, tel. +358 20 728 7390, tapio.arimo(at)tokmanni.fi Maarit Mikkonen, Head of IR and Communications, tel. +358 40 562 2282, maarit.mikkonen(at)tokmanni.fi Tokmanni Group in brief Tokmanni Group Corporation is one of the leading variety discount retailers in the Nordics. Around 6,600 employees in Finland, Sweden and Denmark make customers' everyday life and special occasions easier by offering a versatile and up-to-date assortment of nordic and international brand-name products and other high-quality products at prices that are always affordable. With more than 370 Tokmanni, Dollarstore, Bigdollar, Miny, Click Shoes and Shoe House stores and online stores, the Group is always close to its customers. In 2023, Tokmanni Group's revenue was EUR 1,393 million and comparable EBIT amounted to EUR 99 million. The Group's shares are listed on Nasdaq Helsinki. Distribution Nasdaq Helsinki Key Media