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Takkt AG (TTKG.DE)

TTKG.DE on Xetra

13.82EUR
21 Sep 2018
Change (% chg)

€0.16 (+1.17%)
Prev Close
€13.66
Open
€13.68
Day's High
€13.90
Day's Low
€13.62
Volume
118,901
Avg. Vol
65,588
52-wk High
€23.35
52-wk Low
€13.34

Latest Key Developments (Source: Significant Developments)

Takkt AG H1 Sales Up By 0.4 Pct At EUR 567.2 Mln
Thursday, 26 Jul 2018 01:00am EDT 

July 26 (Reuters) - Takkt AG ::DGAP-NEWS: TAKKT AG: TAKKT WITH GOOD GROWTH IN THE SECOND QUARTER.GROUP SALES INCREASED IN FIRST HALF-YEAR BY 0.4 PERCENT TO EUR 567.2 (565.0) MILLION.H1 ORGANIC SALES GROWTH WAS 1.8 PERCENT.CONFIRMS FORECAST OF ORGANIC GROWTH BETWEEN TWO AND FOUR PERCENT FOR 2018.EXPECTS AN INCREASE IN PROFITABILITY FOR SECOND HALF OF YEAR.ANTICIPATES AN EBITDA MARGIN AT LOWER END OF CORRIDOR OF 13 TO 14 PERCENT PROJECTED AT BEGINNING OF YEAR.EBITDA MARGIN OF SLIGHTLY UNDER 13.0 PERCENT CANNOT BE ENTIRELY EXCLUDED.  Full Article

Takkt Q4 EBITDA Down At EUR 30.6 Mln
Thursday, 15 Feb 2018 01:20am EST 

Feb 15 (Reuters) - TAKKT AG ::DIVIDEND 0.55 EURPER SHARE.MANAGEMENT BOARD PROPOSES AN UNCHANGED DIVIDEND OF EUR 0.55 PER SHARE TO SUPERVISORY BOARD.AT EUR 1,116.1 (1,125.0) MILLION IN 2017, GROUP GENERATED SLIGHTLY LOWER SALES THAN IN 2016.FY UNCHANGED DIVIDEND OF EUR 0.55 PER SHARE​.FROM 2018, TAKKT ANTICIPATES A SIGNIFICANTLY LOWER TAX RATIO THAN IN PREVIOUS YEARS IN TAKKT AMERICA SEGMENT.‍SEES A STRONGER YEAR IN 2018 THAN 2017​.‍Q4 EBITDA EUR 30.6 MILLION VERSUS EUR 33.9 MILLION YEAR AGO.  Full Article

Takkt Acquires 100 Percent Of Shares Of Equip4Work Ltd
Tuesday, 30 Jan 2018 08:00am EST 

Jan 30 (Reuters) - Takkt AG ::DGAP-NEWS: TAKKT AG: TAKKT ACQUIRES LEADING BRITISH ONLINE RETAILER FOR OFFICE FURNITURE.HAS ACQUIRED 100 PERCENT OF SHARES OF EQUIP4WORK LTD..PURCHASE PRICE, ON A CASH FREE, DEBT FREE BASIS, AMOUNTED TO GBP 35 MILLION.IN ADDITION, FURTHER POTENTIAL AND VARIABLE PURCHASE PRICE COMPONENT (EARN OUT) OF UP TO GBP TEN MILLION WAS AGREED.  Full Article

TAKKT Expands Management Board And Forms Additional Division
Thursday, 21 Dec 2017 02:30am EST 

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

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

BRIEF-Takkt Q1 EBITDA Down At EUR 33.4 Million

* TAKKT WITH A WEAK FIRST QUARTER - FULL-YEAR FORECAST CONFIRMED