Releases - Tamro

Comparable figures refer to last year’s corresponding period unless otherwise stated. All the figures and comparable data are now presented according to IFRS.
Highlights of the financial year

· Tamro Group’s revenue in the financial year 2010/11 amounted to EUR 4,387 (4,075) million, up by 7.7% from the previous year. 
· EBIT increased to EUR 198 (130) million, and the operating margin to 4.5% (3.2%)....

Third-quarter highlights
• Tamro Group net sales in August–October 2010 amounted to EUR 1,475 million, an increase of 7.6%. The increase in sales is driven by organic growth in several markets, accounting for 4.2%, but also by strengthened foreign currencies, for the remaining 3.4%.

• Operating profit for August–October amounted to EUR 33.5 million, up by nearly EUR 6 million. The profit increase resulted...

Positive effect also from foreign exchange rates

Second-quarter highlights
• Tamro Group net sales in May–July 2010 amounted to EUR 1,445 million, an increase of 6.6%. The increase in sales was primarily driven by strengthened foreign currencies. At constant exhange rates, net sales increased by 1.1%.

• Operating profit for May–July amounted to EUR 34.4 million, up by EUR 4 million. Profit increases...

First-quarter highlights
- Tamro Group’s net sales in February–April 2010 amounted to EUR 1,424 million, an increase of 7.4%. A significant part of the sales increase is due to strengthened exchange rates of the Swedish, Norwegian and Polish currencies. At constant exchange rates, Tamro’s net sales increased by 1.8%.

 

- Operating profit for February–April amounted to EUR 31.3 million, up by EUR 1.6...

Tamro Group has signed an agreement to sell 100 % of Ada AB’s shares including pharmacy operations of Apotek1 in Sweden to Apotek Hjärtat. The transaction price will not be disclosed. The transaction comes to effect immediately. The Tamro-owned Apotek1 pharmacies will be incorporated into the Apotek Hjärtat pharmacy chain. The Apotek1 staff will transfer to the service of the buyer. Apotek1 currently employs 163...

Tony Johansson (46), has been appointed as the Managing Director of Tamro Sweden retail organization and a member of the Tamro Group Nordic Management Team. Located in Stockholm he will be responsible for Tamro Sweden retail business development and management. He will report to Tamro Group President & CEO Juha Koponen.

Johansson has extensive experience in retail business. He comes to Tamro from Diplom-IS where...

Financial year highlights

• Tamro Group’s annual net sales in the financial year 2008/09 amounted to EUR 5,534 (5,605) million, down by 1.3% from the previous year due to the fluctuating exchange rates and the new accounting procedure on some distribution contracts.
• Operating profit improved to an all-time-high EUR 139 (122) million, and the operating margin to 2.5 (2.2)%. Net profit was EUR 93 (89) million....

• Tamro Group net sales in February–July amounted to 2,776 (2,753), an increase of 0.8%. Net sales in May–July amounted to EUR 1,389 (1,401) million, a decrease of 0.9%.

• The profit before taxes in February–July was EUR 66 (60) million, an increase of 10.5%. The profit margin was 2.4 (2.2)%.

• Market growth continued to be more modest than expected mainly due to price decreases and government interventions...