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DGAP-News: TAKKT AG / Key word(s): Preliminary Results TAKKT: Solid operating key figures in a difficult financial year
20.02.2014 / 07:29
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TAKKT: Solid operating key figures in a difficult financial year
- 1.3 percent increase in turnover in the reporting currency of euros, decline in organic turnover of 2.6 percent
- EBITDA margin at 12.9 (2012: 14.2) percent, at 14.1 percent when adjusted for one-off effects
- TAKKT cash flow reaches EUR 83.4 (92.7) million
- Earnings per share at EUR 0.80 (1.02)
Stuttgart, Germany, February 20, 2014. The financial year 2013 was shaped by the weak economic situation in Europe while the USA showed much stronger economic data. The fiscal disputes at the federal level in the USA did, however, have a negative impact on the US business of some TAKKT companies. In terms of the top line, TAKKT was able to increase consolidated turnover in the reporting currency by 1.3 percent to EUR 952.5 (939.9) million. Adjusted for acquisition and currency effects, consolidated turnover dropped by 2.6 percent. Felix Zimmermann, CEO of TAKKT AG, summed it up: 'The financial year 2013 was not easy for TAKKT due to the general economic conditions. The diversification of our business model proved itself in this environment once again. As a result, we are able to present solid operating key figures today.'
Gross profit margin higher than previous year; EBITDA margin decreased due to one-offs
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PRESS RELEASE: TAKKT: Solid operating key figures -2-