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Takkt AG (TTKG.DE)

TTKG.DE on Xetra

17.62EUR
20 Jun 2018
Change (% chg)

€-0.22 (-1.23%)
Prev Close
€17.84
Open
€17.88
Day's High
€17.92
Day's Low
€17.60
Volume
47,157
Avg. Vol
77,028
52-wk High
€23.35
52-wk Low
€15.86

Latest Key Developments (Source: Significant Developments)

Takkt Acquires Swedish Direct Marketer For Business Equipment
Thursday, 24 May 2018 

May 25 (Reuters) - Takkt AG ::DGAP-NEWS: TAKKT AG: TAKKT ACQUIRES SWEDISH DIRECT MARKETER FOR BUSINESS EQUIPMENT.ENTERED INTO A PURCHASE AGREEMENT WITH THE BRADY CORPORATION FOR THE ACQUISITION OF 100 PERCENT OF THE SHARES OF RUNELANDHS FÖRSÄLJNINGS AB.RUNELANDHS IS EXPECTED TO GENERATE SALES OF OVER 145 MILLION SWEDISH KRONA (APPROX. 14 MILLION EUROS) AND AN EBITDA MARGIN AT LOWER END OF TAKKT TARGET CORRIDOR OF 12 TO 15 PERCENT IN 2017/2018 .PURCHASE PRICE, FREE OF FINANCIAL DEBT AND CASH, AMOUNTS TO 174 MILLION SWEDISH KRONA (EQUIVALENT TO AROUND 17 MILLION EUROS).  Full Article

Takkt Q1 EBITDA Down At EUR 33.4 Million
Thursday, 26 Apr 2018 

April 26 (Reuters) - Takkt AG ::TAKKT WITH A WEAK FIRST QUARTER - FULL-YEAR FORECAST CONFIRMED.Q1 EBITDA OF EUR 33.4 (44.9) MILLION.Q1 REPORTED GROUP SALES DECLINED BY 4.4 PERCENT.Q1 GROSS PROFIT MARGIN AT 42.5 (43.7) PERCENT.OUTLOOK 2018: SEES ORGANIC GROWTH BETWEEN 2 PERCENT AND 4 PERCENT AND EBITDA MARGIN IN MIDDLE THIRD OF TARGET CORRIDOR OF 12 TO 15 PERCENT.  Full Article

TAKKT Expands Management Board And Forms Additional Division
Thursday, 21 Dec 2017 

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 

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 

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 FY EBITDA up 8.9 pct to 171.3 million euros
Thursday, 16 Feb 2017 

Takkt AG : Achieves organic growth of 5.2 percent, reported sales up by 5.8 percent . Proposes to supervisory board that dividend be increased to 0.55 euro (2015: 0.50 euro) per share . Was able to increase consolidated sales in 2016 financial year by 5.8 percent to 1,125.0 million euros ($1.19 billion) (2015: 1,063.8 million euros) . At 171.3 million euros (2015: 157.3 million euros), FY EBITDA was 8.9 percent higher in 2016 financial year than previous year . Given present emerging economic scenario, expects to realize an organic sales gain in 2017 . However, group anticipates increased economic risk from planned british withdrawal from EU as well as political uncertainty in US .'We expect an EBITDA margin in middle of our long-term target corridor of 12 to 15 percent," says CFO Claude Tomaszewski.  Full Article

Takkt 9-mth EBITDA up at 137.4 mln euros
Monday, 31 Oct 2016 

Takkt AG : Takkt continues to grow, confirms the forecast and presents its digital agenda . 9-mth EBITDA increased to 137.4 million euros ($150.67 million)(118.6 mln euros yr ago) million and EBITDA margin to 16.3 (15.0) percent . Compared to previous year's period, 9-mth sales increased by 6.7 percent to 841.8 million euros (788.6 mln euros yr ago) . For remaining Q4, Takkt is expecting current performance, which is rather subdued, to continue .Group is confirming its forecast.  Full Article

Takkt H1 group sales up by 9.5 pct to 554.2 mln euros
Thursday, 28 Jul 2016 

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

German stocks - Factors to watch on June 5

BERLIN/FRANKFURT, June 5 The following are some of the factors that may move German stocks on Tuesday: