Woman cyclist riding Mountain Bike on highway

1 February 2023 - trading update

AIM-listed Tandem Group, which is involved in the design, development, distribution and retail of sports, leisure and mobility equipment, has provided a trading update.  This relates to the year ended 31 December 2022 and full year results will be released on 27 March.  A comparatively stronger fourth quarter performance meant that revenue for the full year was £26.7m, down 35% on the prior year and in line with market expectations.  Profit before tax for 2022 is set to be in line with market expectations.  A focus on stock levels throughout the year meant . . .

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