Edition:
India

Takkt AG (TTKG.DE)

TTKG.DE on Xetra

9.84EUR
21 Sep 2020
Change (% chg)

€-0.24 (-2.38%)
Prev Close
€10.08
Open
€10.12
Day's High
€10.14
Day's Low
€9.51
Volume
103,929
Avg. Vol
84,758
52-wk High
€13.02
52-wk Low
€5.73

Latest Key Developments (Source: Significant Developments)

Takkt CEO Felix Zimmermann Will Not Extend His Contract
Friday, 18 Sep 2020 

Sept 18 (Reuters) - TAKKT AG ::ANNOUNCES GENERATION CHANGE AND ADJUSTMENTS IN THE MANAGEMENT BOARD.FELIX ZIMMERMANN, CEO OF TAKKT AG ("TAKKT"), TODAY INFORMED COMPANY'S SUPERVISORY BOARD THAT HE WILL NOT EXTEND HIS CONTRACT, WHICH RUNS UNTIL.HIS CONTRACT, RUNS UNTIL 30 APRIL 2023.SUPERVISORY BOARD OF TAKKT WILL WORK TOGETHER WITH FELIX ZIMMERMANN ON A SUCCESSION ARRANGEMENT.AIM IS TO FIND A SUCCESSION SOLUTION IN COURSE OF 2021, UNTIL THEN ZIMMERMANN WILL REMAIN CEO.HEIKO HEGWEIN, MEMBER OF MANAGEMENT BOARD, HAS DECIDED TO LEAVE COMPANY AS OF SEPTEMBER 30, 2020.UNTIL FURTHER NOTICE, FELIX ZIMMERMANN WILL TAKE OVER HEIKO HEGWEIN'S TASKS IN TRANSFORMATION OF OMNICHANNEL COMMERCE SEGMENT.  Full Article

Takkt Q2 EBITDA At EUR 27.3 Mln
Thursday, 30 Jul 2020 

July 30 (Reuters) - TAKKT AG ::Q2 EBITDA 27.3 MILLION EUR.EBITDA AT EUR 27.3 MILLION IN Q2.Q2 SALES OF EUR 241.5 (301.8) MILLION.STILL EXPECTS 2020 SALES AND EARNINGS TO BE SIGNIFICANTLY BELOW LEVEL OF PREVIOUS YEAR.  Full Article

Takkt Completes Management Board
Wednesday, 13 May 2020 

May 13 (Reuters) - TAKKT AG ::COMPLETES MANAGEMENT BOARD AND STARTS DEVELOPMENT OF THE WEB-FOCUSED COMMERCE SEGMENT.APPOINTED TOBIAS FLAITZ TO MANAGEMENT BOARD OF TAKKT AG WITH EFFECT FROM JUNE 1, 2020.APPOINTMENT WILL INITIALLY BE FOR THREE YEARS.  Full Article

Takkt AG Q1 EBITDA Down At EUR 24.3 Mln
Thursday, 30 Apr 2020 

April 30 (Reuters) - Takkt AG ::Q1 EBITDA OF EUR 24.3 (39.1) MILLION NEGATIVELY AFFECTED BY DECLINE IN SALES AND ONE-TIME EXPENSES FOR TAKKT 4.0.DEVELOPMENT IN Q1 OF 2020 WAS OVERSHADOWED BY CORONAVIRUS PANDEMIC; ORGANIC SALES PERFORMANCE AT MINUS 10.1 PERCENT.Q1 GROSS PROFIT MARGIN IMPROVED SLIGHTLY TO 41.8 (41.7) PERCENT..CORONAVIRUS PANDEMIC WILL CONTINUE TO HAVE A NEGATIVE EFFECT ON BUSINESS ACTIVITY OVER COURSE OF YEAR..SALES AND EBITDA FOR CURRENT FISCAL YEAR ARE EXPECTED TO BE SIGNIFICANTLY BELOW LEVEL OF 2019..REPORTED EBITDA IN Q1 WAS AT EUR 24.3 (39.1) MILLION.  Full Article

Takkt FY EBITDA Broadly Stable At EUR 150.2 Million
Thursday, 26 Mar 2020 

March 26 (Reuters) - TAKKT AG ::FY REPORTED CONSOLIDATED SALES ROSE 2.8 PERCENT IN 2019.FY EBITDA REMAINED CONSTANT AND REACHED EUR 150.2 (150.1) MILLION.SALES AND EBITDA ARE THEREFORE EXPECTED TO BE SIGNIFICANTLY BELOW LEVEL OF 2019 IN CURRENT FISCAL YEAR.RELIABLE FORECASTS ABOUT DEVELOPMENT OF GROUP IN 2020 FINANCIAL YEAR CANNOT BE MADE AT THIS TIME.TO PROPOSE TO SHAREHOLDERS' MEETING THAT DIVIDEND PAYMENT BE SUSPENDED FOR 2019 FISCAL YEAR.  Full Article

Takkt Proposes Suspension Of Dividend For 2019
Friday, 20 Mar 2020 

March 20 (Reuters) - TAKKT AG ::MANAGEMENT BOARD SEES HIGH UNCERTAINTY IN THE FORECAST AND PROPOSES SUSPENSION OF THE DIVIDEND.NO RELIABLE FORECASTS CAN CURRENTLY BE MADE FOR DEVELOPMENT OF GROUP IN 2020 FINANCIAL YEAR.EXPECTS PANDEMIC TO HAVE A NOTICEABLE NEGATIVE IMPACT ON SUPPLY CHAINS, ITS OWN OPERATIONS AND DEMAND FROM CUSTOMERS IN RELEVANT MARKETS IN EUROPE AND NORTH AMERICA.SALES AND EBITDA ARE THEREFORE EXPECTED TO BE SIGNIFICANTLY BELOW 2019 LEVEL IN CURRENT FINANCIAL YEAR.PROPOSES TO SUPERVISORY BOARD TO SUSPEND PAYMENT OF DIVIDEND FOR 2019 FINANCIAL YEAR.MUST ALSO POSTPONE SHAREHOLDERS' MEETING SCHEDULED FOR MAY 13, 2020.ALTERNATIVE DATE FOR AGM HAS NOT YET BEEN FIXED.  Full Article

Takkt FY EBITDA Stable At EUR 150.2 Million
Wednesday, 19 Feb 2020 

Feb 19 (Reuters) - Takkt AG ::FINISHES THE CHALLENGING FINANCIAL YEAR 2019 IN LINE WITH EXPECTATIONS AND PROPOSES AN INCREASED DIVIDEND.REPORTED SALES DOWN 4.1 PERCENT IN Q4.FOR FULL YEAR 2019, TAKKT WAS ABLE TO INCREASE SALES BY 2.8 PERCENT DUE TO ACQUISITIONS AND CURRENCY EFFECTS; ORGANIC MINUS OF 1.4 PERCENT.MANAGEMENT BOARD PROPOSES PAYMENT OF A TOTAL DIVIDEND OF ONE EURO PER SHARE TO SUPERVISORY BOARD.FY EBITDA REMAINED CONSTANT IN COMPARISON TO PREVIOUS YEAR AT EUR 150.2 (150.1) MILLION.  Full Article

Takkt Proposes Dividend Of EUR 1.00 For FY 2019
Tuesday, 18 Feb 2020 

Feb 18 (Reuters) - TAKKT AG ::MANAGEMENT BOARD PROPOSES DIVIDEND OF ONE EURO PER SHARE FOR THE 2019 FINANCIAL YEAR.DIVIDEND CONSISTS OF A BASE DIVIDEND OF EUR 0.55 AND A SPECIAL DIVIDEND OF EUR 0.45.  Full Article

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