DGAP-News

tonies SE with high growth in Q3 2021 thanks to strong international business (especially US), positive outlook for Q4

DGAP-News: tonies SE / Key word(s): Quarter Results/Development of Sales tonies SE with high growth in Q3 2021 thanks to strong international business (especially US), positive outlook for Q4 12.01.2022 / 08:00 The issuer is solely responsible for the content of this announcement. tonies SE with high growth in Q3 2021 thanks to strong international business  (especially US), positive outlook for Q4

• tonies SE ("tonies") achieves excellent topline growth of 47% in Q3 2021 (after 35% in H1 2021) despite challenges related to the Covid-19 pandemic
• Exceptionally strong demand: tonies generates revenue of €106m for first nine months of the year 2021
• The international markets, especially the US market, grow ahead of plan
• Looking ahead to Q4 2021 and the full fiscal year 2021, tonies expects positive effects from a very strong Christmas business

LUXEMBOURG, 12 JANUARY 2022 // tonies SE ("tonies") recorded exceptionally high demand and generated €106m in revenue for the first nine months of 2021, significantly increasing revenue growth in Q3 2021 to 47% (H1 2021: 35%).

Despite the volatile situation in the supply market due to the consequences of the Covid-19 pandemic (limited availability of raw materials and logistics services), tonies managed to significantly increase sales in Q3 2021 thanks to no challenges to planned productions and an increased production output.

Looking ahead to Q4 2021 and the full financial year 2021, tonies expects positive effects from strong Christmas sales and sees continued excellent momentum.

"In the third quarter we continued to achieve strong growth well above plan. We are pleased to see exceptionally high demand for Tonieboxes and Tonies audio figurines across all markets. Our internationalisation is progressing as planned; we are seeing continued good momentum. For example, in the US we have added further well-known retail partners, our business in the UK has been successfully established, and in France we achieved a successful start both online and offline," says Co-CEO Marcus Stahl, adding: "Although, like all other market participants, we are experiencing some tightness in the raw materials and logistics markets due to the consequences of the Covid-19 pandemic, we were able to ensure good product availability for the full year 2021 and meet the exceptionally strong demand. We look forward to 2022 with confidence."