tonies SE
ISIN: LU2333563281
WKN: A3CM2W
29 August 2024 02:00PM

EQS-News: tonies appoints Ginny McCormick as first-ever Chief Experience Officer to accelerate international growth trajectory

tonies SE · ISIN: LU2333563281 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 1977269

EQS-News: tonies SE / Key word(s): Personnel
tonies appoints Ginny McCormick as first-ever Chief Experience Officer to accelerate international growth trajectory

29.08.2024 / 14:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


tonies appoints Ginny McCormick as first-ever Chief Experience Officer to accelerate international growth trajectory

  • Experienced US-based marketing executive Ginny McCormick joins tonies’ Management Board as Chief Experience Officer (CXO), overseeing brand, product and content functions, effective September 2, 2024.
  • The newly created Chief Experience Officer role at tonies is strategically designed to unify Brand, Product, and Content under one visionary leadership, propelling the commitment to establish tonies as the premier global brand in screen-free entertainment for children.

LUXEMBOURG, 29 August 2024 // tonies SE (“tonies“), the company behind the leading international digital audio platform for children and the award-winning Toniebox, appoints Ginny McCormick as Chief Experience Officer (CXO), effective September 2, 2024. Drawing upon two decades of industry experience, she will join tonies’ Management Board alongside CEO Tobias Wann and CFO Jan Middelhoff and oversee the brand, product and content functions of the company.

Tobias Wann, CEO of tonies, said: “tonies has pioneered a new category in children's entertainment with our interactive, screen-free audio experiences. The creation of the CXO role sharpens our focus on delivering exceptional customer experiences as we scale globally. Ginny's appointment is a strategic move towards transforming tonies from a much-loved brand into a global icon. Her extensive marketing acumen and successful track record in scaling global brands, especially in the US, uniquely qualify her to spearhead this vision.“

Christian Bailly, Chairman of the Supervisory Board of tonies, adds: “The expansion of tonies’ Management Board with Ginny McCormick as new CXO is a major step in the development of the company’s organisational structure. With the new CXO role, we are paving the way for tonies to further expand its leading position at the interface of technology, content and play. Ginny's extensive experience and creativity will be a huge asset to the tonies board, strengthening it in key areas. With Ginny, Tobias, Jan and the entire tonies team, the company is perfectly positioned to embark on the next chapter of growth.”

Ginny McCormick comments: “I am honored and excited to join the tonies team as its first Chief Experience Officer. tonies has already captured the hearts of children and families around the world, and I look forward to contributing to its growth and success. Together, we will create magical, memorable experiences that not only entertain but also educate and inspire. I can’t wait to bring my passion for storytelling and innovation to this extraordinary company.“

McCormick has held marketing leadership roles at Zappos.com, Amazon Hub, Hasbro, Mattel Interactive, and Reebok. Most recently, McCormick served as the Chief Marketing Officer at Zappos.com, where she oversaw all marketing, consumer insights, brand collaboration, and co-op advertising activities. During her tenure at Hasbro, she built a worldwide media organization and led go-to-market strategies for a prestigious portfolio of brands, including Nerf, Monopoly, Transformers, Play-Doh, and My Little Pony.

Ginny McCormick’s appointment marks a significant milestone for tonies, as the company continues to scale its growth and expand its global presence, particularly in the U.S. By delivering on its brand promise through compelling storytelling, innovative products, strategic distribution and immersive experiences for children and families worldwide, the company pursues its goal of establishing tonies as a global premier brand.

 

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tonies new CXO Ginny McCormick. Photo: private

 

About tonies

tonies® is the world’s largest interactive audio platform for children with around 7 million Tonieboxes and more than 90 million Tonies sold. The intuitive and award-winning audio system has changed the way young children play and learn independently with its child-safe, wireless, and screen-free approach. Tonieboxes have been activated in over 100 countries, the content portfolio includes more than 1,100 Tonies figurines in several languages.

 

Investor Relations Contact

Manuel Bösing

Head of Investor Relations

Phone: +4915157846012

Mail: ir@tonies.com

 

Media Contact

Mattes Kohlmeier

FGS Global

Senior Associate

Phone: +49 162 104 1033

E-Mail: press@tonies.com // mattes.kohlmeier@fgsglobal.com

 



29.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: tonies SE
9 rue de Bitbourg
1273 Luxembourg
Germany
ISIN: LU2333563281, LU2333564099,
WKN: A3CM2W, A3GRR1,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1977269

 
End of News EQS News Service

1977269  29.08.2024 CET/CEST

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The most important financial data at a glance
  2019 2020 2021 2022 2023 2024e 2025e
Sales1 101,65 136,75 187,97 258,28 360,95 486,00 0,00
EBITDA1,2 -6,31 -2,09 -247,35 -34,75 8,70 0,00 0,00
EBITDA-Margin3 -6,21 -1,53 -131,59 -13,45 2,41 0,00 0,00
EBIT1,4 -7,68 -29,35 -261,55 -53,16 -10,78 5,00 0,00
EBIT-Margin5 -7,56 -21,46 -139,15 -20,58 -2,99 1,03 0,00
Net Profit (Loss)1 -5,78 -34,44 -241,14 -31,66 -11,81 3,50 0,00
Net-Margin6 -5,69 -25,19 -128,29 -12,26 -3,27 0,72 0,00
Cashflow1,7 2,19 3,58 -26,43 -74,38 8,14 0,00 0,00
Earnings per share8 -0,05 -0,30 -5,02 -0,32 -0,10 0,06 0,18
Dividend per share8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Forvis Mazars

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INVESTOR-INFORMATION
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Tonies
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A3CM2W LU2333563281 SE 887,93 Mio € 30.04.2021 9F386RJ4+RF
* * *
PE 2026e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
30,43 38,89 0,78 -77,78 2,73 109,04 2,46
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
29.05.2024 15.05.2025 21.08.2025 13.11.2024 10.04.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-1,13%
7,00 €
ATH 14,20 €
-4,07% +8,22% -4,63% +33,33% -44,00%

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