Tokmanni's Q3: Sales Drop, Dividend Canceled

Tokmanni Groups stock plummets by 18% following disappointing Q3 results and dividend cancellation. Sales and operating profit miss expectations, leading to a revised financial outlook for 2025. The company aims to bolster its financial position by forgoing the second dividend payment, focusing on future investments. Despite challenges, Tokmannis main segment saw record results, and cash flow improved compared to the previous year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.