Tandem Group (TND) Issues Quarterly Earnings Results

Tandem Group (LON:TND) announced its earnings results on Wednesday. The company reported GBX 35 ($0.49) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Tandem Group had a return on equity of 8.96% and a net margin of 2.11%.

Shares of LON:TND opened at GBX 140.30 ($1.98) on Friday. Tandem Group has a 1 year low of GBX 90 ($1.27) and a 1 year high of GBX 165 ($2.33).

The firm also recently announced a dividend, which will be paid on Wednesday, July 4th. Investors of record on Thursday, May 17th will be given a dividend of GBX 2.75 ($0.04) per share. This is a positive change from Tandem Group’s previous dividend of $1.35. This represents a yield of 1.96%. The ex-dividend date is Thursday, May 17th.

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Tandem Group Company Profile

Tandem Group plc designs, develops, distributes, and retails sports, leisure, and mobility equipment in the United Kingdom, Europe, and internationally. It operates through two segments, Sports, Leisure and Toys; and Bicycles and Mobility. The company offers bicycles and accessories under the Boss, British Eagle, CBR, Claud Butler, Elswick, Exile, Explorer, Falcon, Pulse, Scorpion, Squish, Townsend, and Zombie brand names; fishing products under the Carpzone brand name; football training products under the Kickmaster brand name; and golf products under the Ben Sayers, Bioflow, and Pro Rider brand names.

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