Tendam posts loss, revenues slide 34.5 percent

Tendam Brands, Tendam’s parent company said that because of the temporary closures, restrictions on movement and limited occupancy numbers that affected most of the markets where Tendam operates, for the year to February 28, 2021, revenues fell by 34.5 percent to 777.2 million euros. The company posted a 17.7 percent dip in a like-for-like comparison.