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Tarkett SA (TKTT.PA)

TKTT.PA on Paris Stock Exchange

37.10EUR
22 Sep 2017
Change (% chg)

€0.04 (+0.11%)
Prev Close
€37.06
Open
€37.15
Day's High
€37.15
Day's Low
€36.97
Volume
84,079
Avg. Vol
91,310
52-wk High
€44.99
52-wk Low
€29.83

Latest Key Developments (Source: Significant Developments)

Tarkett H1 net result group share swings to loss of 97.9‍​ million euros
Wednesday, 26 Jul 2017 11:45am EDT 

July 26 (Reuters) - TARKETT SA ::H1 ADJUSTED EBITDA EUR 160.3‍​ MILLION VERSUS EUR 151.4 MILLION YEAR AGO.H1 NET LOSS GROUP SHARE EUR 97.9‍​ MILLION VERSUS PROFIT EUR 45.2 MILLION YEAR AGO.H1 NET SALES EUR 1.36‍​ BILLION VERSUS EUR 1.30 BILLION YEAR AGO.SEES ADJUSTED EBITDA FOR FY 2017 BETWEEN € 25 MILLION AND € 35 MILLION (VERSUS € 10 MILLION TO € 20 MILLION PREVIOUSLY ESTIMATED).CONFIRMS FINANCIAL OBJECTIVES OF 2020 STRATEGIC PLAN.  Full Article

Tarkett H1 2017 organic growth reflects 3.0%
Wednesday, 26 Jul 2017 11:45am EDT 

July 26 (Reuters) - Tarkett SA ::REG-TARKETT: GOOD OPERATING RESULTS IN H1 2017: ORGANIC GROWTH AT 3.0% - ADJUSTED EBITDA MARGIN STABLE AT 11.8%.  Full Article

Tarkett books 150 million euro provision
Thursday, 20 Jul 2017 12:20pm EDT 

July 20 (Reuters) - TARKETT SA ::AT THIS POINT OF PROCEDURE WITH FRENCH COMPETITION AUTHORITY, TARKETT HAS DECIDED TO BOOK A PROVISION OF AN AMOUNT OF 150 MILLION EUROS IN ITS FINANCIAL ACCOUNTS AS OF JUNE 30, 2017.THIS WILL LEAD TARKETT TO REPORT A NEGATIVE NET INCOME OVER FIRST-HALF 2017 AND OVER FULL YEAR 2017.THIS WILL NOT LEAD TO ANY CHANGE IN FINANCIAL TARGETS OF 2020 STRATEGIC PLAN.NON-RECURRING PROVISION WILL BE TREATED AS AN ADJUSTMENT TO EBITDA AND WILL NOT IMPACT INDICATOR "ADJUSTED EBITDA".INFORMATION REGARDING A PROCEDURE WITH THE FRENCH COMPETITION AUTHORITY.AMOUNT WILL NOT IMPACT ABILITY OF GROUP TO MEET ITS FINANCIAL COVENANTS.  Full Article

Glen Morrison succeeds Michel Giannuzzi as CEO of Tarkett
Thursday, 6 Jul 2017 12:00pm EDT 

July 6 (Reuters) - TARKETT SA ::REG-TARKETT : GLEN MORRISON SUCCEEDS MICHEL GIANNUZZI AS CEO OF TARKETT.SUPERVISORY BOARD APPOINTS GLEN MORRISON, CURRENTLY PRESIDENT OF TARKETT NORTH AMERICA, TO BE NEW GROUP CEO, EFFECTIVE AS OF SEPTEMBER 1, 2017.  Full Article

Tarkett Q1 adjusted EBITDA up 14.6 pct at 52 million euros
Tuesday, 25 Apr 2017 11:45am EDT 

April 25 (Reuters) - Tarkett Sa :Q1 adjusted EBITDA margin up 62 bps to 8.4 pct (versus 7.8 pct in q1 2016).Q1 adjusted EBITDA up 14.6 pct at EUR 52 million ($56.90 million) versus EUR 45 million in Q1 2016.Q1 net sales EUR 611.7 million versus EUR 576.3 million year ago.Market trends in emea and north america and in sports segments should remain favorable throughout rest of 2017.CIS region should stabilize or recover slightly in 2017.Rise in raw material costs is expected to have a negative impact on adjusted ebitda of between EUR 10 to 20 million over year.Rise in raw material costs will be offset by group's productivity efforts.Group is confident looking ahead to rest of year.  Full Article

Tarkett optimizes its financing sources with 300 million euro private placement
Thursday, 20 Apr 2017 12:01pm EDT 

April 20 (Reuters) - Tarkett SA ::Tarkett optimizes its financing sources with a 300 million euro ($322.1 million) private placement.Financing includes tranches with maturities of 5 and 7 years and provides a mix of fixed and variable rates.  Full Article

Tarkett joins the SBF 120 index
Friday, 10 Mar 2017 02:55am EST 

Tarkett SA : Says joins the SBF 120 index .This decision will take effect on March 20, 2017.  Full Article

Tarkett unit acquires assets of AlternaScapes
Wednesday, 8 Feb 2017 02:45am EST 

Tarkett SA :Tarkett, through its Easyturf subsidiary, acquires the assets of AlternaScapes, a landscape turf distributor and installer in North America.  Full Article

Tarkett appoints Raphaël Bauer as CFO
Friday, 27 Jan 2017 02:46am EST 

Tarkett SA : Fabrice Barthélemy appointed President of Tarkett EMEA .Raphaël Bauer appointed Chief Financial Officer.  Full Article

Tarkett H1 net profit rises to 45 million euros
Wednesday, 27 Jul 2016 11:45am EDT 

Tarkett SA : H1 net sales of 1.30 billion euros ($1.43 billion), +4.2 pct organic growth (+1.9 pct on a reported basis) . H1 adjusted EBITDA of 151 million euros versus 128 million euros in H1 2015 and margin up by 160 bps at 11.7 pct . H1 net profit of 45 million euros versus 30 million euros in H1 2015 .Favorable raw materials trend experienced over the last year will gradually fade away throughout the rest of the year.  Full Article