Tokmanni Group Oyj/€TOKMAN

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About Tokmanni Group Oyj

Tokmanni Group Oyj is a Finnish retail company primarily engaged in the operation of discount department stores. Its core business focuses on providing a wide variety of consumer goods, including groceries, home products, clothing, tools, and electronics, catering to cost-conscious consumers. Founded in 1989, Tokmanni has grown to become one of Finland's largest general discount retailers. Headquartered in Mäntsälä, Finland, the company operates an extensive network of stores across the country. Tokmanni's strategic approach leverages its low-price model and broad product categories to attract a diverse customer base, emphasizing value and convenience in shopping experiences.
Ticker
€TOKMAN
Primary listing
XHEL
Employees
7,666
Headquarters
Mäntsälä, Finland

TOKMAN Metrics

BasicAdvanced
€412M
-
€0.00
0.91
€0.17
2.40%

Bulls say / Bears say

Revenue momentum improved: Q2 2026 revenue increased 3.3% to EUR 457.7 million, like-for-like revenue grew 0.3%, and customer visits increased 1.8%, supported by the low-price program and new store openings. (Tokmanni Group)
The core Tokmanni segment is showing better operating leverage: Q2 comparable EBIT rose to EUR 22.3 million from EUR 20.8 million, with its comparable EBIT margin improving to 6.8% from 6.5%. (Tokmanni Group)
Management maintained its 2026 guidance for revenue of EUR 1.78–1.86 billion and comparable EBIT of EUR 85–105 million, implying confidence that second-half trading and the Dollarstore recovery can offset the weak first half. (Tokmanni Group)
Profitability remains under pressure: H1 2026 comparable EBIT fell to EUR 7.3 million from EUR 10.2 million, while the comparable EBIT margin declined to 0.9% from 1.3%. (Tokmanni Group)
Dollarstore has yet to complete its turnaround: Q2 revenue rose 7.7%, but comparable EBIT fell to EUR -0.4 million from EUR 1.6 million as higher operating expenses offset the sales growth. (Tokmanni Group)
The group recognized a EUR 24.3 million goodwill impairment and EUR 12.0 million inventory write-down related to Dollarstore in Q2, while diluted EPS was negative EUR 0.44. These charges are non-cash, but they highlight execution and asset-quality risks in the acquired business. (Tokmanni Group)
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2026.

Funds containing TOKMAN

AllGBPEUR
Funds
Fund name
Fund size
€TOKMAN weighting
L&G Global Quality Dividends£LDGG
£279M0.01%
Vanguard ESG Global All Cap€V3AA
€1.1B0.00%
Vanguard ESG Global All Cap£V3AB
£905M0.00%
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