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Takkt AG (TTKG.DE)

TTKG.DE on Xetra

21.75EUR
27 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Takkt Q1 sales up 5.5 pct at 288.8 million euros
Thursday, 27 Apr 2017 01:00am EDT 

April 27 (Reuters) - Takkt AG ::Takkt grows by 5.5 percent in first quarter and furthers digital agenda implementation.Takkt achieved organic growth of 4.1 percent in Q1 of 2017, reported sales up by 5.5 percent.Q1 gross profit margin at 43.7 (43.6 year ago) percent.Q1 EBITDA margin of 15.6 percent, as expected, slightly below that of previous year when adjusted for one-time gains (16.0 percent).Q1 group sales increased 5.5 percent to 288.8 million euros ($314.97 million) (273.7 million euros year ago).Takkt still expects organic growth of between two and five percent for 2017 overall."There are still economic and trade policy risks at play, such as Brexit or possible introduction of import duties in us,"- CFO.  Full Article

Takkt FY EBITDA up at 171.3 million euros
Wednesday, 22 Mar 2017 02:11am EDT 

Takkt AG : Financial year successfully concluded - proposed dividend increase . FY reported group sales up by 5.8 percent to 1,125.0 (1,063.8) million euros; organic growth of 5.2 percent . FY proposed dividend increase to 0.55 (0.50) euros per share . FY EBITDA increased to 171.3 (157.3) million euros . FY due to expenses stemming from implementing digital agenda, EBITDA margin for 2017 is expected to be in middle of target corridor of 12 to 15 percent. .Predicts 2017 organic sales growth of between two and five percent.  Full Article

Takkt H1 group sales up by 9.5 pct to 554.2 mln euros
Thursday, 28 Jul 2016 01:30am EDT 

Takkt AG : Reported group sales increased by 9.5 percent to 554.2 million euros ($613.22 million)(506.0 mln euros yr ago) million euros in first half- year of 2016 . EBITDA increased to 95.3 million euros (78.4 mln euros yr ago) in first half of 2016 .Confirms forecast.  Full Article

Takkt anticipates continuation of positive development of previous year for 2016
Tuesday, 10 May 2016 06:45am EDT 

Takkt AG : For 2016 financial year, management board of Takkt anticipates a continuation of positive development of previous year . Continue to expect organic sales growth of between three and five percent as well as an EBITDA margin within upper third of target corridor of 12 to 15 percent in 2016 .Takkt shareholders' meeting approves increased dividend of 50 cents.  Full Article

TAKKT AG confirms forecast for FY 2016
Thursday, 28 Apr 2016 01:30am EDT 

TAKKT AG:Confirms forecast for FY 2016.For 2016 expects organic sales growth of between three and five percent as well as an EBITDA margin within the upper third of the target corridor of 12 to 15 percent.  Full Article

TAKKT proposes FY 2015 dividend
Thursday, 18 Feb 2016 01:30am EST 

TAKKT AG:Management Board proposes a change in dividend policy to the Supervisory Board as well as a dividend distribution of 0.50 euros(previous year: 0.32 euros) per share.  Full Article

TAKKT AG gives FY 2016 outlook
Thursday, 18 Feb 2016 01:30am EST 

TAKKT AG:In FY 2016 predicts ‍overall a continuation of organic growth with corresponding high profitability"​.  Full Article

TAKKT comments on FY 2015 outlook
Thursday, 29 Oct 2015 02:30am EDT 

TAKKT AG:Refines annual forecast.Expects a stable development in Europe as well as continued good business performance in US.FY 2015 EBITDA margin should be in upper third of target corridor of 12 percent to 15 percent, i.e., above level of previous year.Anticipate FY 2015 turnover growth of four to five percent.FY 2015 EBITDA margin estimate 14.6 pct - Thomson Reuters I/B/E/S.  Full Article

TAKKT AG confirms FY 2015 outlook
Thursday, 30 Jul 2015 01:30am EDT 

TAKKT AG:Holds to its forecast for FY 2015.For 2015, continues to expect organic turnover growth of three to five percent and EBITDA margin at upper end of target corridor of 12 to 15 percent.  Full Article

TAKKT AG acquires 100 pct of shares of Bigdug Ltd
Thursday, 2 Jul 2015 10:31am EDT 

TAKKT AG:Takkt group company Kaiser+kraft Europa GmbH has acquired 100 per cent of shares of Bigdug Ltd.Purchasing price for shares on cash-free debt-free basis of 19 million British pounds ($29.66 million) was paid in cash upon completion of transaction.Further potential and variable purchase price component (earn out) of up to £6.3 million was agreed.Bigdug will become part of Eakkt Europe's business equipment group.  Full Article

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BRIEF-Takkt Q1 sales up 5.5 pct at 288.8 million euros

* Takkt grows by 5.5 percent in first quarter and furthers digital agenda implementation