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Financial targets and outlook

 

Guidance for 2024

In 2024, Tokmanni Group expects its revenue to be EUR 1,650–1,730 million. Comparable EBIT is expected to be EUR 98–118 million.

Financial targets for the strategy period 2021–2025

 

Target

Revenue

EUR 1.8 billion

Comparable EBIT

EUR 150 million

Store network

Over 360 stores in Nordics*

Net debt / comparable EBITDA excl. IFRS 16 impact

Less than 2.25 at year-end

Dividend**

About 70% of net result for the financial year

* The figure does not include Click Shoe, Shoe House or Miny stores.
** The decision to distribute dividend is always dependent on capital structure, financial position, general economic and business conditions and future outlook.

 

 

Page last updated: 24.07.2024