Tandem Group PLC - Birmingham, England-based sports and leisure product retailer - Revenue in 2023 falls by 17% to £22.2 million from £26.7 million a year earlier. Swings to pretax loss of £1.2 million from a profit of £900,000. Says the results are in line with market expectations.

Looking ahead, Tandem says that sales for 2024 have begun in line with its own forecasts, marking a ‘promising’ start to the years. Says this has been achieved ‘despite facing various challenges and uncertainties.’

Current stock price: 208.00 pence, down 5.5% in London on Monday

12-month change: down 13%

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