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Takkt AG (TTKG.DE)

TTKG.DE on Xetra

11.72EUR
10:05pm IST
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€11.78
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Volume
69,308
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52,107
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€15.98
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Latest Key Developments (Source: Significant Developments)

Takkt Re-Organizes Group And Management Structures
Monday, 11 Nov 2019 

Nov 11 (Reuters) - TAKKT AG ::RE-ORGANIZES ITS GROUP AND MANAGEMENT STRUCTURES.WILL NOW FOCUS ON TWO BUSINESS MODELS IN B2B DISTANCE SELLING.IS CURRENTLY EXPLORING VARIOUS STRATEGIC OPTIONS FOR THESE TWO DIVISIONS.GROUP'S TRANSFORMATION WILL BE IMPLEMENTED STEP-BY-STEP AND IS EXPECTED TO TAKE TWO TO THREE YEARS.RESPECTIVE SEGMENTS WILL INTEGRATE BUSINESS MODEL SPECIFIC FUNCTIONS AND WILL GET SIGNIFICANTLY MORE LEEWAY IN DECISION-MAKING.  Full Article

Takkt 9-Month EBITDA Up At EUR 118.1 Million
Thursday, 24 Oct 2019 

Oct 24 (Reuters) - TAKKT AG ::TAKKT WITH A SLIGHT ORGANIC SALES GROWTH AFTER THE FIRST NINE MONTHS AND EXPECTATIONS OF A WEAK FOURTH QUARTER.GROUP SALES INCREASED BY 1.2 PERCENT IN Q3.NOW EXPECTS FY ORGANIC SALES DECLINE OF BETWEEN ONE AND TWO PERCENT AND AN EBITDA MARGIN AROUND LOWER END OF RANGE OF 12 TO 14 PERCENT.9-MONTH EBITDA INCREASED TO EUR 118.1 (110.2) MILLION AND MARGIN TO 12.8 (12.6) PERCENT.  Full Article

Takkt says expects 2019 EBITDA margin at lower end of range
Wednesday, 23 Oct 2019 

Oct 23 (Reuters) - Takkt AG ::DGAP-ADHOC: TAKKT AG: TAKKT EXPECTS SIGNIFICANTLY WEAKER BUSINESS IN THE FOURTH QUARTER AND REACTS WITH STRUCTURAL COST ADJUSTMENTS.SAYS NOW EXPECTS AN ORGANIC SALES DECLINE OF BETWEEN ONE AND TWO PERCENT FOR FULL YEAR 2019.SAYS HAS PLANNED STRUCTURAL COST ADJUSTMENTS IN ADDITION TO ONGOING DISCIPLINED COST MANAGEMENT, WHICH WILL LEAD TO ONE-OFF EXPENSES IN Q4.SAYS DUE TO WEAKER THAN EXPECTED ORGANIC GROWTH AND PLANNED ONE-OFF EXPENSES, TAKKT EXPECTS TO ACHIEVE AN EBITDA MARGIN FOR FULL YEAR 2019 AROUND LOWER END OF PREVIOUSLY COMMUNICATED MARGIN OF 12 TO 14 PERCENT.SAYS REPORTED GROUP SALES DEVELOPMENT IS EXPECTED TO REMAIN POSITIVE, PRIMARILY DUE TO CURRENCY EFFECTS.  Full Article

Takkt H1 EBITDA Up At EUR 78.7 Million
Thursday, 25 Jul 2019 

July 25 (Reuters) - Takkt AG ::DGAP-NEWS: TAKKT AG: AS EXPECTED, TAKKT IS FEELING A WEAKER ECONOMY IN THE SECOND QUARTER.IN FIRST HALF OF YEAR, TAKKT GENERATED SALES OF EUR 608.7 (567.2) MILLION.Q2 EBITDA MARGIN - ADJUSTED FOR IFRS 16 IMPACT - NEARLY STABLE AT 13.1 PERCENT THANKS TO DISCIPLINED COST MANAGEMENT.H1 EBITDA INCREASED ACCORDINGLY TO EUR 78.7 (69.0) MILLION..  Full Article

Takkt Elects Florian Funck As New Chairman Of Supervisory Board
Wednesday, 15 May 2019 

May 15 (Reuters) - TAKKT AG ::SHAREHOLDERS' MEETING APPROVES DISTRIBUTION OF A SPECIAL DIVIDEND.FLORIAN FUNCK ELECTED AS NEW CHAIRMAN OF THE SUPERVISORY BOARD.  Full Article

Takkt Acquires Dutch E-Commerce Food Service Supplier
Friday, 3 May 2019 

May 3 (Reuters) - Takkt AG ::DGAP-NEWS: TAKKT AG: TAKKT ACQUIRES DUTCH E-COMMERCE FOOD SERVICE SUPPLIER.PURCHASE PRICE AMOUNTS TO EUR 19.5 MILLION.FINANCING ACQUISITION USING FREE CREDIT LINES.  Full Article

Takkt Q1 EBITDA Up At EUR 39.1 Million
Thursday, 25 Apr 2019 

April 25 (Reuters) - Takkt AG ::DGAP-NEWS: TAKKT AG: TAKKT SEES GOOD ORGANIC GROWTH IN THE FIRST QUARTER - FULL-YEAR FORECAST CONFIRMED.Q1 REPORTED GROUP SALES UP BY 11.2 PERCENT.Q1 EBITDA INCREASED SIGNIFICANTLY FROM EUR 33.4 MILLION TO EUR 39.1 MILLION..CONTINUES TO EXPECT SLIGHT ORGANIC SALES GROWTH FOR FULL YEAR AND AN EBITDA MARGIN IN TARGET CORRIDOR OF 12 TO 16 PERCENT.  Full Article

Takkt AG H1 Sales Up By 0.4 Pct At EUR 567.2 Mln
Thursday, 26 Jul 2018 

July 26 (Reuters) - Takkt AG ::DGAP-NEWS: TAKKT AG: TAKKT WITH GOOD GROWTH IN THE SECOND QUARTER.GROUP SALES INCREASED IN FIRST HALF-YEAR BY 0.4 PERCENT TO EUR 567.2 (565.0) MILLION.H1 ORGANIC SALES GROWTH WAS 1.8 PERCENT.CONFIRMS FORECAST OF ORGANIC GROWTH BETWEEN TWO AND FOUR PERCENT FOR 2018.EXPECTS AN INCREASE IN PROFITABILITY FOR SECOND HALF OF YEAR.ANTICIPATES AN EBITDA MARGIN AT LOWER END OF CORRIDOR OF 13 TO 14 PERCENT PROJECTED AT BEGINNING OF YEAR.EBITDA MARGIN OF SLIGHTLY UNDER 13.0 PERCENT CANNOT BE ENTIRELY EXCLUDED.  Full Article

Takkt Q4 EBITDA Down At EUR 30.6 Mln
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - TAKKT AG ::DIVIDEND 0.55 EURPER SHARE.MANAGEMENT BOARD PROPOSES AN UNCHANGED DIVIDEND OF EUR 0.55 PER SHARE TO SUPERVISORY BOARD.AT EUR 1,116.1 (1,125.0) MILLION IN 2017, GROUP GENERATED SLIGHTLY LOWER SALES THAN IN 2016.FY UNCHANGED DIVIDEND OF EUR 0.55 PER SHARE​.FROM 2018, TAKKT ANTICIPATES A SIGNIFICANTLY LOWER TAX RATIO THAN IN PREVIOUS YEARS IN TAKKT AMERICA SEGMENT.‍SEES A STRONGER YEAR IN 2018 THAN 2017​.‍Q4 EBITDA EUR 30.6 MILLION VERSUS EUR 33.9 MILLION YEAR AGO.  Full Article

Takkt Acquires 100 Percent Of Shares Of Equip4Work Ltd
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - Takkt AG ::DGAP-NEWS: TAKKT AG: TAKKT ACQUIRES LEADING BRITISH ONLINE RETAILER FOR OFFICE FURNITURE.HAS ACQUIRED 100 PERCENT OF SHARES OF EQUIP4WORK LTD..PURCHASE PRICE, ON A CASH FREE, DEBT FREE BASIS, AMOUNTED TO GBP 35 MILLION.IN ADDITION, FURTHER POTENTIAL AND VARIABLE PURCHASE PRICE COMPONENT (EARN OUT) OF UP TO GBP TEN MILLION WAS AGREED.  Full Article