Tokmanni Maintains Outlook For 2024

Tokmanni Group Oyj TOKMAN:

• OUTLOOK FOR 2024 UNCHANGED

• TOKMANNI AND DOLLARSTORE INTEGRATION IS PROGRESSING ACCORDING TO PLAN

• FIRST QUARTER IS THE WEAKEST QUARTER OF THE YEAR IN TERMS OF SALES AND PROFITABILITY FOR BOTH TOKMANNI AND DOLLARSTORE. HOWEVER, BOTH SEGMENTS PERFORMED REASONABLY WELL IN THE CURRENT MARKET ENVIRONMENT

• START OF THE SECOND QUARTER HAS BEEN AFFECTED BY EVENTS IN THE RED SEA AND POLITICAL STRIKES, AMONG OTHER THINGS

• THE SPRING SEASON, WHICH IS TOKMANNI’S SECOND MOST IMPORTANT SALES PERIOD, ONLY STARTED PROPERLY AT THE BEGINNING OF MAY IN SOUTHERN FINLAND