Andreas Weishaar appointed as Chief Executive Officer of TAKKT AG The Supervisory Board of TAKKT AG has confirmed Andreas Weishaar as a member of the Management Board and appointed him as Chief Executive Officer (CEO). TAKKT is looking forward to continuing to build on the momentum Andreas Weishaar created during his tenure as interim CEO through  [ … ]

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 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 [ … ]

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,  [ … ]

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 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 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 [ … ]

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  [ … ]