Mika Rautiainen, CEO
Tokmanni Group’s Financial Statement Bulletin 2025, 6 March 2026

“The year 2025 was full of work for Tokmanni Group in many respects. The harmonisation and integration of the Group’s operations progressed rapidly, particularly during the second half of the year. The most significant part of the integration was the launch of the Nordic sourcing and buying organisation in September. Thanks to the Group’s shared assortment of already around 5,900 products, purchasing volumes increased and purchase prices declined. Customers in the Dollarstore segment are being offered new product choices, and it’s natural that it will take some time for them to get used to and adopt these options. Harmonisation of the supply chain and systems progressed in an orderly manner.

In Finland, consumer confidence over the overall economic situation remained weak, and the improvement in purchasing power was reflected mainly in a higher savings rate. In addition, competitors opened several new stores in Tokmanni’s market areas in Finland. Our customers were cautious in their Christmas shopping because of the general economic uncertainty and Tokmanni segment’s basket size declined in the fourth quarter. However, through efficient cost control and gross margin management, we succeeded in maintaining Tokmanni segment’s profitability at a good level. Tokmanni segment’s revenue in the fourth quarter declined by 0.4%. Comparable EBIT improved to EUR 40.9 million (37.0).

In Sweden and Denmark, the overall economic development was positive. Dollarstore segment’s sales increased, but profitability remained modest. Dollarstore’s operational development efforts to integrate the company into Tokmanni Group caused significant additional costs during 2025. After a weak first half of the year, we were nevertheless able to improve our performance in the second half. Driven by new store openings, Dollarstore segment’s fourth-quarter revenue increased by 12.2% measured in euros. Comparable EBIT amounted to EUR 8.3 million (11.4).

During 2026, the harmonisation of operations between Tokmanni and Dollarstore will continue. With shared back-end systems and the organisation further strengthened, we can focus on improving profitability and accelerating sales growth in both segments. A unified assortment strategy will enhance the efficiency of our operations going forward. We believe that through our own actions we are well positioned to drive our success during the current year.

Dollarstore is clearly a turnaround company, and we are working hard to drive its growth and improve its profitability. We are focusing, among other things, on marketing to strengthen the low-price image and the new product assortment, expanding and developing the assortment, enhancing the efficiency of the supply chain, and improving the consumer perception. We are also investing in improving operational efficiency, for example, by developing and upgrading IT systems. We believe that our determined development efforts will turn the company on a clear growth path and lead to improved profitability. In the Tokmanni segment, we are focusing particularly on developing the SPAR business, from which we have already achieved excellent results.

Warm thanks to all our employees, customers, shareholders and partners for your cooperation.”