TAKKT AG · ISIN: DE0007446007 · EQS - Company News

TAKKT records improved sales and earnings development in the third quarter and focuses on long-term success

TAKKT records improved sales and earnings development in the third quarter and focuses on long-term success Sales and earnings in the third quarter significantly better than in the previous quarter Positive contributions to the improvement from non-recurring effects Measures to resolve internal challenges prove effective, but business development remains impacted TAKKT prioritizes increasing order intake, improving systems and processes, and strengthening cash flow Stuttgart, Germany, Oc...

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24 October 2024 07:30AM
TAKKT records improved sales and earnings development in the third quarter and focuses on long-term success
TAKKT records improved sales and earnings development in the third quarter and focuses on long-term success Sales and earnings in the third quarter significantly better than in the previous quarter Positive contributions to the improvement from non-recurring effects Measures to resolve internal challenges prove effective, but business developm...
TAKKT AG
22 October 2024 01:42PM
Despite improvements in the third quarter, TAKKT expects lower profitability in the final quarter and adjusts guidance for 2024
Despite improvements in the third quarter, TAKKT expects lower profitability in the final quarter and adjusts guidance for 2024 Based on preliminary figures, TAKKT noticeably improved its organic growth and adjusted EBITDA margin in the third quarter compared to the previous quarter. The organic growth rate was minus 14.1 percent after minus 19.0 p...
TAKKT AG
25 July 2024 07:30AM
TAKKT expects gradual improvement in growth rates in the second half of the year
TAKKT EXPECTS GRADUAL IMPROVEMENT IN GROWTH RATES IN THE SECOND HALF OF THE YEAR   TAKKT increases gross profit margin, implements leaner cost structures and achieves slight increase in free cash flow Organic sales in the first half of the year at minus 17.7 percent, adjusted EBITDA margin at 7.0 percent Business performance affected by weak gen...
TAKKT AG
19 July 2024 06:49PM
TAKKT releases preliminary Q2 earnings and adjusts sales and earnings forecast for 2024
TAKKT releases preliminary Q2 earnings and adjusts sales and earnings forecast for 2024Stuttgart, Germany, July 19, 2024. With economic conditions remaining persistently difficult, customer demand in the second quarter remained similarly subdued as at the beginning of the year. Adjusted for currency effects and based on preliminary figures, sales d...
TAKKT AG
01 July 2024 11:34AM
CEO Maria Zesch hands over leadership of TAKKT AG - Andreas Weishaar takes over ad interim
CEO Maria Zesch hands over leadership of TAKKT AG - Andreas Weishaar takes over ad interim After three successful years at the helm of TAKKT Group, Maria Zesch has decided to leave the company by mutual agreement with the Supervisory Board and pursue new career opportunities. Zesch will hand over the CEO role to Andreas Weishaar on August 1, 2024, ...
TAKKT AG
01 July 2024 11:32AM
CEO Maria Zesch hands over leadership of TAKKT AG - Andreas Weishaar takes over ad interim
CEO Maria Zesch hands over leadership of TAKKT AG - Andreas Weishaar takes over ad interim Stuttgart, Germany, July 1, 2024: The Supervisory Board of TAKKT AG and CEO Maria Zesch today agreed by mutual consent that Maria Zesch will step down from the Management Board of TAKKT AG effective July 31, 2024. Andreas Weishaar will take over as interim CE...
TAKKT AG
17 May 2024 03:21PM
Shareholders' Meeting confirms payment of special dividend
SHAREHOLDERS’ MEETING CONFIRMS PAYMENT OF SPECIAL DIVIDEND   Shareholders’ Meeting approves all agenda items TAKKT distributes dividend of EUR 1.00 per share in total CEO focused on strengthening resilience in her speech Hubertus Mühlhäuser and Stefan Räbsamen elected to the Supervisory Board – Hubertus Mühlhäuser takes over as Chairman of th...
TAKKT AG
25 April 2024 07:30AM
TAKKT strengthens resilience in the first quarter
TAKKT STRENGTHENS RESILIENCE IN THE FIRST QUARTER Free cash flow increases to EUR 21.3 (14.5) million Gross profit margin improved to 41.2 (40.0) percent Organic sales growth of minus 16.5 percent Adjusted EBITDA margin at 7.4 percent, implementation of structural cost reductions Stuttgart, Germany, April 25, 2024. TAKKT continues to work inten...
TAKKT AG
28 March 2024 08:00AM
TAKKT strengthens resilience in 2024 and lays foundation for accelerated growth
TAKKT strengthens resilience in 2024 and lays foundation for accelerated growth   TAKKT confirms strategy with its three pillars Growth, OneTAKKT, Caring Strategic mid-term goals comprise gaining market share, improving profitability and strong cash generation Focus in 2024 is on strengthening resilience by further improving cost structures Stut...
TAKKT AG
15 February 2024 07:30AM
Final quarter of 2023 in line with expectations - focus on gross profit margin, cost management and cash pays off
Final quarter of 2023 in line with expectations - focus on gross profit margin, cost management and cash pays off   TAKKT free cash flow increases to EUR 91.9 million in 2023 Gross profit margin improved to 39.8 percent, EBITDA margin at 9.0 percent Organic sales development at minus 5.9 percent Dividend proposal of EUR 1.00 per share in total ...
TAKKT AG
13 February 2024 03:10PM
TAKKT Management Board proposes payment of a dividend of EUR 1.00 per share
TAKKT Management Board proposes payment of a dividend of EUR 1.00 per share  Stuttgart, Germany, February 13, 2024. Subject to the approval of the Supervisory Board, TAKKT will propose the payment of a dividend totaling EUR 1.00 per share to the Annual Shareholders’ Meeting. The amount to be paid out is the same as in the previous year. It consists...
TAKKT AG
31 October 2023 10:54AM
TAKKT wins German Sustainability Award 2024
TAKKT wins German Sustainability Award 2024   TAKKT wins German Sustainability Award 2024 in the category “Investment Goods – Distribution” TAKKT takes a pioneering role for the jury with its sustainability initiatives 'enkelfähig' rating sets standards for sustainability in the product area Stuttgart, Germany, October 31, 2023. TAKKT AG wins i...
TAKKT AG
25 October 2023 07:00AM
TAKKT increases gross profit margin and free cash flow in challenging quarter
TAKKT increases gross profit margin and free cash flow in challenging quarter   Organic sales development in the third quarter at -7.1 percent   Gross profit margin improved to 39.9 percent EBITDA margin almost in double digits at 9.7 percent   Free TAKKT cash flow increased by EUR 3.7 million to EUR 29.0 million  Stuttgart, Germany, October...
TAKKT AG
17 October 2023 02:27PM
TAKKT announces preliminary Q3 results and adjusts forecast for fiscal year 2023
TAKKT announces preliminary Q3 results and adjusts forecast for fiscal year 2023   Third quarter sales and earnings below expectations EBITDA expected to come in between EUR 107 and 117 million in 2023 Revision of medium-term corporate goals Continuity at the top of the company: CEO Maria Zesch extends contract  Stuttgart, Germany, October 17, ...
TAKKT AG
17 October 2023 02:24PM
TAKKT announces preliminary Q3 results and adjusts forecast for fiscal year 2023
TAKKT announces preliminary Q3 results and adjusts forecast for fiscal year 2023 The positive order situation at the beginning of the second half of the year deteriorated noticeably from mid-August onwards. Orders in the European Industrial & Packaging division as well as orders for office equipment from companies and, above all, public entitie...
TAKKT AG
27 July 2023 07:00AM
TAKKT AG: TAKKT records strong cash flow in the first half of the year despite challenging economic conditions
TAKKT records strong cash flow in the first half of the year despite challenging economic conditions   Significant free cash flow increase to EUR 31.4 million  Organic sales slightly down year-on-year at minus 2.5 percent, as expected EBITDA at EUR 57.0 million EBITDA expectation narrowed to EUR 120 to 130 million   Stuttgart, Germany, July...
TAKKT AG
27 July 2023 07:00AM
TAKKT records strong cash flow in the first half of the year despite challenging economic conditions
TAKKT records strong cash flow in the first half of the year despite challenging economic conditions   Significant free cash flow increase to EUR 31.4 million  Organic sales slightly down year-on-year at minus 2.5 percent, as expected EBITDA at EUR 57.0 million EBITDA expectation narrowed to EUR 120 to 130 million   Stuttgart, Germany, July...
TAKKT AG
27 June 2023 02:56PM
TAKKT AG prolongs current share buyback program with a total volume of up to EUR 25 million until the end of December 2024
TAKKT AG prolongs current share buyback program with a total volume of up to EUR 25 million until the end of December 2024 Stuttgart, Germany, June 27, 2023. In view of the continued high equity ratio and the cash flow strength of the business model, the Management Board of TAKKT AG today resolved to prolong the buyback program launched in early Oc...
TAKKT AG
27 June 2023 02:56PM
TAKKT AG prolongs current share buyback program with a total volume of up to EUR 25 million until the end of December 2024
TAKKT AG prolongs current share buyback program with a total volume of up to EUR 25 million until the end of December 2024 Stuttgart, Germany, June 27, 2023. In view of the continued high equity ratio and the cash flow strength of the business model, the Management Board of TAKKT AG today resolved to prolong the buyback program launched in early Oc...
TAKKT AG
24 May 2023 04:27PM
TAKKT AG: Shareholders' Meeting approves special dividend and thus a total payment of EUR 1.00 per share
Shareholders' Meeting approves special dividend and thus a total payment of EUR 1.00 per share   CEO Maria Zesch presented theses for future worlds of work Growth strategy and outlook confirmed Approval of all agenda items   Stuttgart, Germany, May 24, 2023. TAKKT AG held its 24th Shareholders' Meeting today in a virtual format. The shareholde...
TAKKT AG
24 May 2023 04:27PM
Shareholders' Meeting approves special dividend and thus a total payment of EUR 1.00 per share
Shareholders' Meeting approves special dividend and thus a total payment of EUR 1.00 per share   CEO Maria Zesch presented theses for future worlds of work Growth strategy and outlook confirmed Approval of all agenda items   Stuttgart, Germany, May 24, 2023. TAKKT AG held its 24th Shareholders' Meeting today in a virtual format. The shareholde...
TAKKT AG
27 April 2023 07:00AM
TAKKT AG: TAKKT increases gross profit margin and free cash flow in first quarter
TAKKT increases gross profit margin and free cash flow in first quarter   Focus on cash generation leads to strong increase in free TAKKT cash flow to EUR 17.8 (10.2) million Improvement in gross profit margin to 40.0 (39.7) percent Sales development (minus 2.0 percent) in line with expectations in a challenging economic environment EBITDA ...
TAKKT AG
27 April 2023 07:00AM
TAKKT increases gross profit margin and free cash flow in first quarter
TAKKT increases gross profit margin and free cash flow in first quarter   Focus on cash generation leads to strong increase in free TAKKT cash flow to EUR 17.8 (10.2) million Improvement in gross profit margin to 40.0 (39.7) percent Sales development (minus 2.0 percent) in line with expectations in a challenging economic environment EBITDA ...
TAKKT AG
28 March 2023 07:30AM
TAKKT makes significant progress in implementing the strategy and wants to significantly increase free cash flow in 2023
TAKKT makes significant progress in implementing the strategy and wants to significantly increase free cash flow in 2023   Successful implementation of the strategy “Growth, OneTAKKT, Caring” After very good growth in 2022, stable organic sales development forecast in an uncertain environment in 2023 For 2023, TAKKT expects EBITDA in the range ...
TAKKT AG
28 March 2023 07:30AM
TAKKT AG: TAKKT makes significant progress in implementing the strategy and wants to significantly increase free cash flow in 2023
TAKKT makes significant progress in implementing the strategy and wants to significantly increase free cash flow in 2023   Successful implementation of the strategy “Growth, OneTAKKT, Caring” After very good growth in 2022, stable organic sales development forecast in an uncertain environment in 2023 For 2023, TAKKT expects EBITDA in the range ...
TAKKT AG
23 February 2023 07:00AM
TAKKT achieves financial and strategic targets for 2022 and proposes special dividend
TAKKT achieves financial and strategic targets for 2022 and proposes special dividend   Sales increased by 13.5 percent in 2022, organic growth at 7.5 percent EBITDA rose more strongly than sales to EUR 132.1 (112.6) million Substantial increase in free TAKKT cash flow to EUR 70.4 (51.9) million TAKKT expects an improvement in the second half o...
TAKKT AG
23 February 2023 07:00AM
TAKKT AG: TAKKT achieves financial and strategic targets for 2022 and proposes special dividend
TAKKT achieves financial and strategic targets for 2022 and proposes special dividend   Sales increased by 13.5 percent in 2022, organic growth at 7.5 percent EBITDA rose more strongly than sales to EUR 132.1 (112.6) million Substantial increase in free TAKKT cash flow to EUR 70.4 (51.9) million TAKKT expects an improvement in the second half o...
TAKKT AG
21 February 2023 03:27PM
Management Board proposes special dividend for the fiscal year 2022
Management Board proposes special dividend for the fiscal year 2022Stuttgart, Germany, February 21, 2023. The Management Board of TAKKT AG today resolved - subject to the approval of the Supervisory Board - to propose to the Shareholders' Meeting on May 24, 2023 the payment of a dividend of one euro per share for the fiscal year 2022. This consists...
TAKKT AG
21 February 2023 03:27PM
TAKKT AG: Management Board proposes special dividend for the fiscal year 2022
Management Board proposes special dividend for the fiscal year 2022Stuttgart, Germany, February 21, 2023. The Management Board of TAKKT AG today resolved - subject to the approval of the Supervisory Board - to propose to the Shareholders' Meeting on May 24, 2023 the payment of a dividend of one euro per share for the fiscal year 2022. This consists...
TAKKT AG
25 October 2022 07:00AM
Strong sales and earnings growth despite challenging environment
Strong sales and earnings growth despite challenging environment   Q3 sales up 15.6 percent, organic growth at 7.0 percent EBITDA 25 percent above previous year TAKKT free cash flow exceeds EUR 25 million Share buyback program successfully launched   Stuttgart, Germany, October 25, 2022. TAKKT performed very well in the third quarter in a chall...
TAKKT AG
25 October 2022 07:00AM
TAKKT AG: Strong sales and earnings growth despite challenging environment
Strong sales and earnings growth despite challenging environment   Q3 sales up 15.6 percent, organic growth at 7.0 percent EBITDA 25 percent above previous year TAKKT free cash flow exceeds EUR 25 million Share buyback program successfully launched   Stuttgart, Germany, October 25, 2022. TAKKT performed very well in the third quarter in a chall...
TAKKT AG
04 October 2022 06:12PM
TAKKT AG resolves on share buyback program with a volume of up to EUR 25 million
TAKKT AG resolves on share buyback program with a volume of up to EUR 25 millionStuttgart, Germany, October 4, 2022. In view of the current valuation, the high equity ratio and the cash flow strength of the business model, the Management Board of TAKKT AG today decided to buy back up to three percent of the current share capital. TAKKT intends to a...
TAKKT AG
04 October 2022 06:12PM
TAKKT AG resolves on share buyback program with a volume of up to EUR 25 million
TAKKT AG resolves on share buyback program with a volume of up to EUR 25 millionStuttgart, Germany, October 4, 2022. In view of the current valuation, the high equity ratio and the cash flow strength of the business model, the Management Board of TAKKT AG today decided to buy back up to three percent of the current share capital. TAKKT intends to a...
TAKKT AG
22 September 2022 02:11PM
TAKKT AG: Major shareholder Haniel increases shareholding
Major shareholder Haniel increases shareholding Stuttgart, Germany, September 22, 2022. Franz Haniel & Cie. GmbH, as the majority shareholder of TAKKT AG, informed the Management Board of TAKKT AG yesterday that its share in the company as of June 30, 2022 amounted to 64.55 percent. At the end of 2021, the share was 59.45 percent. "We are very ...
TAKKT AG
22 September 2022 02:11PM
Major shareholder Haniel increases shareholding
Major shareholder Haniel increases shareholding Stuttgart, Germany, September 22, 2022. Franz Haniel & Cie. GmbH, as the majority shareholder of TAKKT AG, informed the Management Board of TAKKT AG yesterday that its share in the company as of June 30, 2022 amounted to 64.55 percent. At the end of 2021, the share was 59.45 percent. "We are very ...
TAKKT AG
21 September 2022 08:16AM
Lars Bolscho appointed as new CFO
Lars Bolscho appointed as new CFO Stuttgart, Germany, September 21, 2022. The Supervisory Board of TAKKT AG has appointed Lars Bolscho, currently responsible for the commercial management of the Group's Industrial & Packaging division, as the company's new CFO. He will take over the position on January 01, 2023, succeeding Claude Tomaszewski, w...
TAKKT AG
21 September 2022 08:16AM
TAKKT AG: Lars Bolscho appointed as new CFO
Lars Bolscho appointed as new CFO Stuttgart, Germany, September 21, 2022. The Supervisory Board of TAKKT AG has appointed Lars Bolscho, currently responsible for the commercial management of the Group's Industrial & Packaging division, as the company's new CFO. He will take over the position on January 01, 2023, succeeding Claude Tomaszewski, w...
TAKKT AG
18 August 2022 08:35AM
TAKKT AG announces future leadership change in the CFO position
TAKKT AG announces future leadership change in the CFO position Stuttgart, Germany, August 18, 2022. Claude Tomaszewski, CFO of TAKKT AG ("TAKKT"), informed the company's Supervisory Board at the end of June that he will not renew his contract, which runs until October 31, 2024. At its August meeting the Supervisory Board of TAKKT discussed this ma...
TAKKT AG
18 August 2022 08:35AM
TAKKT AG: TAKKT AG announces future leadership change in the CFO position
TAKKT AG announces future leadership change in the CFO position Stuttgart, Germany, August 18, 2022. Claude Tomaszewski, CFO of TAKKT AG ("TAKKT"), informed the company's Supervisory Board at the end of June that he will not renew his contract, which runs until October 31, 2024. At its August meeting the Supervisory Board of TAKKT discussed this ma...
TAKKT AG
28 July 2022 07:00AM
TAKKT remains on growth path in the second quarter and confirms the forecast
TAKKT remains on growth path in the second quarter and confirms the forecast   Good organic growth (6.8 percent) in the second quarter Gross profit margin over 40 percent despite inflationary pressure EBITDA growth of 30 percent in the first half-year TAKKT confirms growth forecast and specifies EBITDA expectation to EUR 120 to 130 (previously...
TAKKT AG
28 July 2022 07:00AM
TAKKT AG: TAKKT remains on growth path in the second quarter and confirms the forecast
TAKKT remains on growth path in the second quarter and confirms the forecast   Good organic growth (6.8 percent) in the second quarter Gross profit margin over 40 percent despite inflationary pressure EBITDA growth of 30 percent in the first half-year TAKKT confirms growth forecast and specifies EBITDA expectation to EUR 120 to 130 (previously...
TAKKT AG
18 May 2022 02:45PM
TAKKT AG: TAKKT Shareholders' Meeting approves dividend of EUR 1.10 per share and elects new members to the Supervisory Board
TAKKT Shareholders' Meeting approves dividend of EUR 1.10 per share and elects new members to the Supervisory Board   CEO Maria Zesch explained the new strategy and the goals for 2025 All agenda items were approved by a large majority Stuttgart, May 18, 2022. At today’s virtual Shareholders' Meeting of TAKKT AG, the shareholders approved the paym...
TAKKT AG
28 April 2022 07:19AM
TAKKT AG: Strong sales and earnings growth in the first quarter of 2022
Strong sales and earnings growth in the first quarter of 2022 Organic sales growth increased to 18.9 percent in the first quarter EBITDA rose to EUR 32.7 (26.5) million TAKKT cash flow at EUR 28.9 (22.4) million Growth and earnings forecast for the full year confirmed Stuttgart, Germany, April 28, 2022. TAKKT made a very successful start to the...
TAKKT AG
30 March 2022 08:19AM
TAKKT AG: TAKKT to shape the future worlds of work and increase sales to EUR two billion by 2025
TAKKT to shape the future worlds of work and increase sales to EUR two billion by 2025   TAKKT's vision: Bringing new worlds of work to life Three-pillar strategy with Growth, OneTAKKT and Caring Growth targets 2025: Sales to climb to EUR two billion, EBITDA increase to EUR 240 million Dividend proposal to Shareholders' Meeting of EUR 1.10 per ...
TAKKT AG
15 March 2022 04:12PM
TAKKT AG: Management Board proposes dividend payment of EUR 1.10 per share for the fiscal year 2021 
Management Board proposes dividend payment of EUR 1.10 per share for the fiscal year 2021  The Management Board of TAKKT AG proposes a dividend payment of EUR 1.10 per share for the fiscal year 2021. This consists of a base dividend in the amount of EUR 0.60 and a special dividend in the amount of EUR 0.50.  The special dividend is possible due to ...
TAKKT AG
24 February 2022 07:07AM
TAKKT AG: TAKKT with strongest organic growth in company's history
TAKKT with strongest organic growth in company's history   Fourth-quarter sales up organically by 14.4 percent, surpassing the pre-crisis level of 2019 TAKKT realized organic growth of 11.4 percent for the full year EBITDA increased more strongly than sales to EUR 112.6 (92.6) million TAKKT sees considerable growth potential for 2022 despite ch...
TAKKT AG
23 February 2022 09:55PM
TAKKT AG: Major shareholder Haniel changes shareholding
Major shareholder Haniel changes shareholding Stuttgart, Germany, February 23, 2022. Franz Haniel & Cie. GmbH (FHC) informed us today that its shareholding in TAKKT AG amounted to 59.45 percent of TAKKT shares as of December 31 last year. At the end of 2020, FHC's shareholding was 50.25 percent.  Contact: Michael Loch VP Group Treasury & In...
TAKKT AG
21 December 2021 09:41PM
TAKKT AG: Personnel change on the Management Board of TAKKT AG
Personnel change on the Management Board of TAKKT AG   Tobias Flaitz, member of the Management Board of TAKKT AG, will resign from his position at his own request at the end of 2021 to pursue new professional challenges Chairman of the Supervisory Board Thomas Schmidt and the Supervisory Board thank Tobias Flaitz for the successful development an...
TAKKT AG
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Corporate Research 0 - - Corporate Research
Directors Dealings 8 6th November 2024 Weishaar, Andreas Georg DD
Short Seller (DE) 0 - - SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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