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European and North American business equipment and MRO reseller Takkt has put a positive spin on its first quarter results in spite of a 16.5% fall in revenue and a 59% drop in EBIT. The Germany-based group highlighted improvements in cash generation and gross margin as well as making structural changes that will see its ....
Organic sales at European and North American business products reseller Takkt fell by more than 11% in the final quarter of 2023. The Germany-based group achieved Q4 2023 revenue of €285.4 million ($306 million). This was 13.3% below the prior year’s Q4 number, or -11.3% on an organic basis. Two of the company’s divisions had ....
Shares of Takkt Ag (ETR:TTK – Get Free Report) traded down 0.4% on Thursday . The company traded as low as €13.42 ($14.75) and last traded at €13.48 ($14.81). 6,467 shares changed hands during trading, a decline of 90% from the average session volume of 67,952 shares. The stock had previously closed at €13.54 ($14.88). […] ....
MRO and business products reseller Takkt has said the deteriorating economic environment was to blame for a 7.1% drop in organic sales in the third quarter. The Germany-based group – which issued a profit warning last week – reported Q3 revenue of €313.4 million ($331 million) versus €350.3 million 12 months ago. It said the ....