Mika Rautiainen, CEO
Tokmanni Group’s Business Review for January–September 2025, 14 November 2025

“We have continued to take determined actions in line with our strategy to ensure growth and to integrate Dollarstore into Tokmanni Group. In the third quarter, the Group’s total revenue increased by 4.0%. This development was particularly driven by the increase in the number of stores in Denmark and Sweden.

In Tokmanni stores, summer seasonal products performed well in the third quarter, thanks especially to favourable weather in July and discount sales. The sales campaigns increased customer visits, but at the same time reduced the comparable gross margin percent. However, in Tokmanni segment we achieved a higher comparable EBIT than last year, which was partly driven by our determined efforts to lower operating expenses. Tokmanni segment’s comparable EBIT increased to EUR 26.3 million (25.2). Regarding Spar, we are proceeding according to plan and have now opened three EUROSPAR stores in conjunction with Tokmanni stores.

In Dollarstore stores the strategic changes to the product assortment increased sales of higher-priced products, thereby raising the average basket value. The main driver of increased operating expenses was the expenses related to the opening of new stores. Dollarstore segment’s comparable EBIT amounted to EUR 1.1 million (5.1). Actions to improve profitability continue as planned.

In the latter part of the third quarter, we opened a pilot store in Sweden to test an assortment of over 30,000 products, combining well-known items from both Tokmanni and Dollarstore. The target of this pilot is to create a more unified and attractive product range and concept across all our operating countries.

Tokmanni Group’s current strategy period will conclude at the end of this year. At the beginning of the new strategy period, the focus will remain on improving profitability, meaning that in both segments, we will concentrate not only on sales but also on margin and cost efficiency. At the same time, we will continue integrating Dollarstore into Tokmanni Group and developing our store network in Finland, Sweden, and Denmark.”