Core Viewpoint - TCM Group A/S has revised its full-year guidance for 2025 due to a delay in the acquisition of the remaining 55% of shares in Celebert ApS, resulting in a smaller expected impact on revenue and earnings from Celebert in 2025 [1] Financial Outlook - The revised full-year revenue guidance is now DKK 1,250 – 1,325 million, down from the previous range of DKK 1,250 – 1,400 million [1] - Adjusted EBIT is now expected to be in the range of DKK 90 – 115 million, reduced from the earlier forecast of DKK 90 – 120 million [1] Company Overview - TCM Group is the third largest manufacturer of kitchens and furniture for bathrooms and storage in Scandinavia, with products designed and produced in Denmark [2] - The company operates a multi-brand strategy, with the main brand being Svane Køkkenet, alongside Tvis Køkken, Nettoline, and AUBO, catering to the entire price spectrum [2] - TCM Group sells its products through approximately 220 dealers in Denmark and the rest of Scandinavia, including private label kitchens through DIY stores in Denmark and independent kitchen stores in Norway [2]

Group 1: Flexsteel Industries, Inc. (FLXS) - The company is a manufacturer of upholstered furniture and holds a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 7.4% over the last 60 days [1] - Flexsteel has a price-to-earnings ratio (P/E) of 8.06, which is lower than the industry average of 8.30, and possesses a Value Score of A [1] Group 2: Greystone Housing Impact Investors LP (GHI) - The company operates in the mortgage revenue bonds sector and also carries a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 10.1% over the last 60 days [2] - Greystone Housing has a P/E ratio of 9.08, significantly lower than the industry average of 15.20, and has a Value Score of B [2] Group 3: Virtu Financial, Inc. (VIRT) - This financial services company holds a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 8.5% over the last 60 days [3] - Virtu has a P/E ratio of 10.36, compared to the industry average of 15.20, and possesses a Value Score of B [3]

Group 1 - BofA Securities Europe SA has reduced its holding in TCM Group A/S from 10.278% to 0.196% in share capital and voting rights as of April 23, 2025 [1] - The direct or indirect control of shares/voting rights by BofA Securities Europe SA corresponds to 1,080,571 shares in TCM Group A/S [1] - The breakdown of the holdings shows a decrease in shares attached to shares from 0.844% to 0.195% and through financial instruments from 9.434% to 0.001% [1] Group 2 - TCM Group is the third largest manufacturer of kitchens and furniture for bathrooms and storage in Scandinavia [2] - The company operates under a multi-brand strategy, with the main brand being Svane Køkkenet, alongside Tvis Køkken, Nettoline, and AUBO [2] - TCM Group products are designed and produced in Denmark and are sold through approximately 220 dealers across Denmark and Scandinavia [2]

| 证券代码：603180 | 证券简称：金牌家居 | | | 公告编号：2025-034 | | --- | --- | --- | --- | --- | | 债券代码：113670 | 债券简称：金 | 23 | 转债 | | 金牌厨柜家居科技股份有限公司 关于 2025 年第一季度主要经营数据的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 根据上海证券交易所《上市公司行业信息披露指引第十五号—— 家具制造》的有关要求，金牌厨柜家居科技股份有限公司（以下简称 "公司）现将 2025 年第一季度主要经营数据公告如下： 一、报告期经营情况 （一）主营业务分产品情况 （二）主营业务分渠道情况 注：上表中经销店包含厨柜、衣柜和木门经销店。 二、报告期门店变动情况 单位：人民币元 分渠道 营业收入 营业成本 毛利率（%） 营业收入 比上年同 期增减 （%） 营业成本 比上年同 期增减 （%） 毛利率 比上年 同期增 减（%） 经销店 306,073,956.1 5 191,828,491.07 37.33% 7.17 ...

| 证券代码：603180 | 证券简称：金牌家居 | | | 公告编号：2025-033 | | --- | --- | --- | --- | --- | | 债券代码：113670 | 债券简称：金 | 23 | 转债 | | 金牌厨柜家居科技股份有限公司 关于 2024 年年度主要经营数据的公告 二、报告期门店变动情况 （一）主营业务分产品情况 注：上表中整体厨柜包含零售厨柜和工程厨柜, 整体衣柜包含零售衣柜和工 单位：人民币元 产品 营业收入 营业成本 毛利率 （%） 营业收入比 上年同期增 减（%） 营业成本 比上年同 期增减（%） 毛利率比 上年同期 增减（%） 整体厨柜 2,024,672,749.45 1,486,131,423.60 26.60% -9.30% -5.94% -2.62% 整体衣柜 1,058,882,547.59 709,009,182.27 33.04% 1.41% -3.41% 3.34% 木门 250,079,478.20 230,952,626.10 7.65% 1.82% 1.35% 0.43% 其他 47,790,928.78 37,250,927.38 22 ...