Tandem Group Plc · LSE:TND
Tandem — Shareholder Meeting (June 2024)
9 slides from Tandem's shareholder meeting presentation, Jun 26, 2024
Slide 1: Annual General Meeting 26th June 2024
Annual General Annual General Meeting 26th 29 June 2023 th 2024
Slide 2: Agenda
AGENDA • Retail & Market Landscape • Economic Landscape • Product & Brand Development • Summary
Slide 3: Retail & Market Landscape
RETAIL & MARKET LANDSCAPE
Slide 4: Economic Landscape
Wet weather causes UK economy to stall Economic FT Advisor: 12 June 2024 Landscape Container spot rates hit highest level this year – and the rally is not over yet TradeWinds: 31 May 2024 Daily Record: 12 June 2024 UK unemployment is up, but wage rises make early interest rate cut less likely The Gu
Slide 5: Economic Landscape
• GBP has remained relatively stable • Overstocks remaining in the market Economic • Maintenance of high interest rates • FOB buying habits returning Landscape • Inflation rate reducing • Freight delays impact on cost • Low UK GDP growth projections for • Downturn in demand post-COVID 2024 and 2025
Slide 6: Product & Brand Development: Bikes/e-Bikes
Product & Brand Development Bikes/e-Bikes • E-bikes: Complete range (10 models) of affordable ebikes designed by the UK team. • CB Ridge (e-MTB), Dawes Scenic (e-hybrid) and Falcon Horizon (e-trekking) to launch summer 2024. • E-Folding, e-commuter and e-heritage bikes to follow in autumn 2024. • Cl
Slide 7: Product & Brand Development: MV Sports
Product & Brand Development MV Sports • We hold the majority of the top performing all boys/girls and preschool licenses • M.V has the top 4 fastest gaining character licensed properties ytd end May • 7 new licenses launched for 2024 • New and on trend licenses already performing strongly (Stitch, S
Slide 8: Product & Brand Development: Home, Garden & Leisure
Product & Brand Development Home, Garden & Leisure • Jack Stonehouse website product listings grown +40% L4L • Leverage group products, +250 SKU’s wheeled toys, bikes, golf added to D2C channels • Innovation/trending ranges, radiator covers, gazebos, parasols, panel heater & cooling • Expanding new
Slide 9: Summary
SUMMARY Strong Balance Talented Exploring Sheet Colleagues Acquisitions Growing Customer Increase Market Maximise Base 2024 Share Consumer Reach Drive Operational Freight New innovative Efficiencies Uncertainty products for 2024