Tokmanni's Q1 results were soft across the board, especially abroad, where the company's earnings level deteriorated despite a clear increase in sales.

Revenue from department store and hypermarket chains declined by 1% in February. The best performing product group was food, where sales remained at the level of the comparison period and which may have been negatively affected by delivery days but also by a few days of strikes in grocery stores.

In the interview, analyst Arttu Heikura summarizes the result and tells us more about the Dollarstore segment and SPAR collaboration in Finland.

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,