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Takkt AG (TTKG.DE)

TTKG.DE on Xetra

11.42EUR
9:05pm IST
Change (% chg)

€-0.12 (-1.04%)
Prev Close
€11.54
Open
€11.60
Day's High
€11.60
Day's Low
€11.24
Volume
94,922
Avg. Vol
44,140
52-wk High
€16.18
52-wk Low
€10.70

Latest Key Developments (Source: Significant Developments)

Takkt: Change In The Management Board
Monday, 23 Sep 2019 

Sept 24 (Reuters) - Takkt AG ::SAID ON MONDAY CHANGE IN THE MANAGEMENT BOARD OF TAKKT AG.THE SUPERVISORY BOARD OF TAKKT AG ACCEPTED DIRK LESSING'S WISH TO TERMINATE HIS CONTRACT AS MEMBER OF THE MANAGEMENT BOARD OF TAKKT AG WITH EFFECT FROM OCTOBER 31, 2019.  Full Article

Takkt Sees Organic Growth In 2019
Thursday, 28 Mar 2019 

March 28 (Reuters) - TAKKT AG ::ORGANIC GROWTH EXPECTED FOR 2019.CFO'S CONTRACT EXTENDED FOR ANOTHER FIVE YEARS.FOR CURRENT FISCAL YEAR, TAKKT EXPECTS AN ECONOMIC SLOWDOWN IN EUROPE AND NORTH AMERICA.OUTLOOK 2019: EBITDA MARGIN SHOULD FALL WITHIN LONG-TERM TARGET CORRIDOR OF 12 TO 16 PERCENT.WANTS TO ACHIEVE SLIGHT ORGANIC SALES GROWTH IN 2019.  Full Article

Takkt Q4 EBITDA Remained Constant YOY At EUR 150.1 Mln
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - TAKKT AG ::WITH DOUBLE-DIGIT SALES GROWTH IN THE FINAL QUARTER OF 2018 - MANAGEMENT BOARD PROPOSES PAYMENT OF A SPECIAL DIVIDEND.SPECIAL DIVIDEND 0.30 EURPER SHARE.Q4 EBITDA REMAINED CONSTANT IN COMPARISON TO PREVIOUS YEAR AT EUR 150.1 (150.3) MILLION.Q4 CASH FLOW UP AT EUR 35.5 MILLION.  Full Article

Takkt Proposes Special Dividend For FY 2018
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - TAKKT AG ::MANAGEMENT BOARD PROPOSES SPECIAL DIVIDEND FOR 2018 FINANCIAL YEAR.SPECIAL DIVIDEND OF EUR 0.30 PER SHARE FOR 2018 FINANCIAL YEAR IN ADDITION TO ORDINARY DIVIDEND OF EUR 0.55 PER SHARE.IN TOTAL, DIVIDEND WOULD AMOUNT TO EUR 0.85 PER SHARE, CORRESPONDING TO A PAYOUT RATIO OF 63 PERCENT OF PROFIT FOR PERIOD.  Full Article

Takkt Resolves Repositioning Of Unit Hubert Group
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - TAKKT AG ::RESOLVES REPOSITIONING OF THE HUBERT GROUP.DECIDED ON A REPOSITIONING OF HUBERT'S US BUSINESS AND A FOCUS ON MORE ATTRACTIVE CUSTOMER GROUPS.FRAME CONTRACT WITH A MAJOR CUSTOMER WILL EXPIRE AT END OF FEBRUARY 2019.TERMINATION OF THIS FRAME CONTRACT WILL CAUSE A SHORT-TERM REDUCTION IN SALES AND EARNINGS AT HUBERT.SAYS HUBERT GROUP WILL CONTINUE TO BE PROFITABLE AND ACHIEVE AN ALMOST DOUBLE-DIGIT EBITDA MARGIN.  Full Article

Takkt Q3 EBITDA Up 9.3 Pct To EUR 41.2 Million
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Takkt AG ::TAKKT SHOWS STRONG GROWTH IN SALES AND EARNINGS IN THE THIRD QUARTER; PROFITABILITY SIGNIFICANTLY IMPROVED COMPARED TO THE FIRST HALF OF THE YEAR.Q3 EBITDA INCREASED BY 9.3 PERCENT TO EUR 41.2 MILLION (PY: 37.7).Q3 SALES 10.8 PERCENT HIGHER THAN YEAR AGO, AT EUR 310.7 MILLION VERSUS 280.4 MILLION YEAR AGO.CONFIRMS ITS SALES AND EARNINGS FORECAST FOR 2018.  Full Article

Takkt Acquires Swedish Direct Marketer For Business Equipment
Thursday, 24 May 2018 

May 25 (Reuters) - Takkt AG ::DGAP-NEWS: TAKKT AG: TAKKT ACQUIRES SWEDISH DIRECT MARKETER FOR BUSINESS EQUIPMENT.ENTERED INTO A PURCHASE AGREEMENT WITH THE BRADY CORPORATION FOR THE ACQUISITION OF 100 PERCENT OF THE SHARES OF RUNELANDHS FÖRSÄLJNINGS AB.RUNELANDHS IS EXPECTED TO GENERATE SALES OF OVER 145 MILLION SWEDISH KRONA (APPROX. 14 MILLION EUROS) AND AN EBITDA MARGIN AT LOWER END OF TAKKT TARGET CORRIDOR OF 12 TO 15 PERCENT IN 2017/2018 .PURCHASE PRICE, FREE OF FINANCIAL DEBT AND CASH, AMOUNTS TO 174 MILLION SWEDISH KRONA (EQUIVALENT TO AROUND 17 MILLION EUROS).  Full Article

Takkt Q1 EBITDA Down At EUR 33.4 Million
Thursday, 26 Apr 2018 

April 26 (Reuters) - Takkt AG ::TAKKT WITH A WEAK FIRST QUARTER - FULL-YEAR FORECAST CONFIRMED.Q1 EBITDA OF EUR 33.4 (44.9) MILLION.Q1 REPORTED GROUP SALES DECLINED BY 4.4 PERCENT.Q1 GROSS PROFIT MARGIN AT 42.5 (43.7) PERCENT.OUTLOOK 2018: SEES ORGANIC GROWTH BETWEEN 2 PERCENT AND 4 PERCENT AND EBITDA MARGIN IN MIDDLE THIRD OF TARGET CORRIDOR OF 12 TO 15 PERCENT.  Full Article

TAKKT Expands Management Board And Forms Additional Division
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - TAKKT AG ::DGAP-NEWS: TAKKT AG: TAKKT EXPANDS MANAGEMENT BOARD AND FORMS ADDITIONAL DIVISION TO DEVELOP NEW BUSINESS MODELS.FORMATION OF AN ADDITIONAL DIVISION CALLED NEWPORT GROUP HAS BEEN ADOPTED WITH EFFECT FROM JANUARY 1, 2018.APPOINTED HEIKO HEGWEIN TO MANAGEMENT BOARD OF TAKKT AG BEGINNING FEBRUARY 1, 2018.  Full Article