Tandem Group reports “robust performance” for bicycles

Ahead of its full year results being published in late March, Tandem Group has reported a trading statement for full year 2025, including details of how its cycling arm fared.

Bicycle performance was robust, finishing 37.6% ahead of the prior year and outperforming broader sector trends, the group noted.

Electric bikes delivered strong comparative growth of 30.0% with new ranges driving the sales, complemented by significant revenue uplift in mechanical bikes, which grew by 47.6%. That all appears to continue the theme from its H1 2025 trading update, which found that electric bikes were a core growth driver in the first half of the year.

The good news continued, with revenue within the children’s bike category increasing by 10.7%, reflecting a strong performance during the period.

This was further supported by the introduction of the new HOY range towards the end of the year, developed in collaboration with Sir Chris Hoy.

Overall revenue hit £26.2 million, an increase of 6.2% year-on-year. Other Tandem divisions include Toys, Sport and Leisure, Golf and Home & Garden.