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Takkt AG (TTKG.DE)

TTKG.DE on Xetra

17.99EUR
11:35am EST
Change (% chg)

€0.07 (+0.39%)
Prev Close
€17.92
Open
€17.85
Day's High
€18.01
Day's Low
€17.30
Volume
124,849
Avg. Vol
57,178
52-wk High
€23.31
52-wk Low
€17.30

Latest Key Developments (Source: Significant Developments)

Takkt 9-mth EBIT down at ‍99.3 mln euros
Thursday, 26 Oct 2017 01:00am EDT 

Oct 26 (Reuters) - TAKKT AG :‍ORGANIC GROWTH OF 0.5 PERCENT IN NINE-MONTH PERIOD OF 2017; REPORTED SALES UP 0.4 PERCENT​.‍ADJUSTMENT IN FORECAST FOR 2017​.‍FOR Q4, EXPECTS THAT PERFORMANCE WILL NOT BE ENOUGH FOR FIGURES TO REACH PREVIOUSLY FORECAST TARGET CORRIDOR​.‍NOW ANTICIPATES ORGANIC SALES GROWTH OF 0 TO 1 PERCENT FOR 2017 FINANCIAL YEAR​.‍WE CONTINUE TO EXPECT EBITDA-MARGIN TO COME IN AT MIDDLE OF TARGET CORRIDOR IN FY​.‍MEASURED IN REPORTING CURRENCY OF EUROS, 9MTH GROUP SALES ROSE 0.4 PERCENT TO EUR 845.4 (841.8) MILLION​.9MTH EBIT AT EUR ‍99.3 MILLION VERSUS EUR 116.0 MILLION YEAR AGO​.  Full Article

TAKKT AG says adjusts forecast for the 2017 financial year
Wednesday, 25 Oct 2017 02:41pm EDT 

Oct 25 (Reuters) - Takkt AG - :DGAP-Adhoc: TAKKT AG: TAKKT adjusts forecast for the 2017 financial year.TAKKT AG - Expects organic performance in Q4 will not be enough for figures to reach previously forecast target corridor of 2 to 5 percent​.Says ‍continues to expect EBIDTA-margin to come in at middle of target corridor​.‍Anticipates organic sales growth of 0 to 1 percent for 2017 financial year​.  Full Article

Takkt H1 EBITDA down at 82.0 million euros
Thursday, 27 Jul 2017 01:00am EDT 

July 27 (Reuters) - TAKKT AG ::EXPECTS IMPROVEMENT IN THE SECOND HALF-YEAR - OUTLOOK CONFIRMED.H1 ‍GROUP SALES UP BY 2.0 PERCENT TO EUR 565.0 (554.2) MILLION, ORGANIC GROWTH OF 0.9 PERCENT​.H1 ‍EBITDA WAS AT EUR 82.0 (95.3) MILLION​.H1 EARNINGS PER SHARE AT EUR 0.64 (0.80).  Full Article

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

BRIEF-Takkt 9-mth EBIT down at ‍99.3 mln euros

* ‍ORGANIC GROWTH OF 0.5 PERCENT IN NINE-MONTH PERIOD OF 2017; REPORTED SALES UP 0.4 PERCENT​