TAKKT AG

Latest Results (13.09.2025):

In the first quarter of 2025, TAKKT AG reported a 6.5% decline in sales, totaling EUR 251.5 million compared to the previous year. Despite challenging economic conditions and ongoing trade conflicts, the company has made strides in stabilizing its core business and implementing strategic measures to improve profitability and cash flow.

Sales Performance

TAKKT AG's sales decreased by 6.5% to EUR 251.5 million in Q1/2025, compared to EUR 269.0 million in Q1/2024. The organic growth rate improved to minus 7.6% from minus 11.5% in the previous quarter, indicating a stabilization in the company's revenue streams.

Profitability Metrics

The company's adjusted EBITDA margin fell to 4.9% from 7.4% year-over-year, impacted by a lower gross profit margin of 39.8%. Profit for the period declined to EUR 1.3 million, with earnings per share decreasing to EUR 0.02.

Division Highlights

The Industrial & Packaging division saw a 5.7% decline in sales, while the Office Furniture & Displays division experienced a significant 13.7% drop. The FoodService division also reported a 6.2% decrease in sales. Despite these challenges, the Industrial & Packaging division continued to stabilize its growth rate.

Strategic Initiatives

TAKKT AG is actively implementing its “TAKKT Forward” strategy, focusing on portfolio optimization, aligning with medium-sized and large customers, and enhancing profitability. Measures include cost reductions in marketing and personnel, streamlining the product range, and improving process and system efficiency.

Future Outlook

The company maintains its forecast for 2025, anticipating organic growth between minus four and plus six percent and an adjusted EBITDA margin of six to eight percent. TAKKT AG expects to generate positive free cash flow from the second quarter onwards, driven by improved cash conversion cycles and continued cost management efforts.