{"id":19346,"date":"2017-10-25T15:47:56","date_gmt":"2017-10-25T13:47:56","guid":{"rendered":"https:\/\/wordpress-783423-2671269.cloudwaysapps.com\/?p=19346"},"modified":"2022-03-10T05:37:43","modified_gmt":"2022-03-10T04:37:43","slug":"october-25-2017-takkt-ag-takkt-adjusts-forecast-for-the-2017-financial-year","status":"publish","type":"post","link":"https:\/\/dev.cometis.de\/en\/october-25-2017-takkt-ag-takkt-adjusts-forecast-for-the-2017-financial-year\/","title":{"rendered":"<span id=\"2017\" class=\"Postdate\">October 25, 2017<\/span> | TAKKT AG: TAKKT Adjusts Forecast for the 2017 Financial Year"},"content":{"rendered":"<p>[et_pb_section admin_label=&#8221;section&#8221;][et_pb_row admin_label=&#8221;Zeile&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; use_custom_gutter=&#8221;off&#8221; custom_padding=&#8221;||0px|&#8221; padding_mobile=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; make_equal=&#8221;off&#8221; parallax_1=&#8221;off&#8221; parallax_method_1=&#8221;off&#8221; parallax_2=&#8221;off&#8221; parallax_method_2=&#8221;off&#8221; column_padding_mobile=&#8221;on&#8221;][et_pb_column type=&#8221;1_2&#8243;][et_pb_text admin_label=&#8221;Text&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;left&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221;]<\/p>\n<style>\n.zur\u00fcckbutton:before {\n    display: inline-block;\n    font-family: \"ETmodules\";\n    content: \"4a\";\n    color: #00225f;\n    margin-right: 7px;\n}\n.zur\u00fcckbutton:hover:before {\n    display: inline-block;\n    font-family: \"ETmodules\";\n    content: \"4a\";\n    color: #d85710;\n    margin-right: 7px;\n}\n<\/style>\n<h1 style=\"text-align: justify;\"> Ad hoc news<\/h1>\n<p> <a class=\"zur\u00fcckbutton\" href=\"https:\/\/dev.cometis.de\/en\/publication-archive-takkt-ag\">to the archive<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243;][et_pb_image admin_label=&#8221;Bild&#8221; src=&#8221;https:\/\/dev.cometis.de\/wp-content\/uploads\/2017\/06\/Takkt.png&#8221; show_in_lightbox=&#8221;off&#8221; url_new_window=&#8221;off&#8221; use_overlay=&#8221;off&#8221; animation=&#8221;off&#8221; sticky=&#8221;off&#8221; align=&#8221;right&#8221; force_fullwidth=&#8221;off&#8221; always_center_on_mobile=&#8221;on&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221;]<\/p>\n<p>[\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;row&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_text admin_label=&#8221;Text&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;left&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221;]<\/p>\n<h1>TAKKT Adjusts Forecast for the 2017 Financial Year<\/h1>\n<p>TAKKT AG had previously forecast organic (adjusted for currency and acquisition effects) sales growth of between two and five percent for the 2017 financial year. The EBITDA margin was expected to come in at the middle of the target corridor of 12 to 15 percent of sales.<\/p>\n<p>In the first nine months, organic growth in the Group came to 0.5 percent. While the TAKKT EUROPE segment met growth expectations and recorded organic growth of 2.8 percent, business development in the TAKKT AMERICA segment was weaker than anticipated at minus 1.7 percent. For one, all US divisions reported a significant drop in order intake in Florida and Texas in September as a result of the hurricanes. At OEG on the other hand, the expiration of a framework agreement in the middle of the year with a large federal customer has, so far, not been renewed. In addition, business development at the MEG remained weak, and the improved performance that was anticipated has not yet materialized to the degree expected.<\/p>\n<p>TAKKT expects that the organic performance in the fourth quarter will not be enough for the figures to reach the previously forecast target corridor of 2 to 5 percent. The TAKKT Management Board anticipates organic sales growth of 0 to 1 percent for the 2017 financial year. At the same time, the Board continues to expect the EBITDA-margin to come in at the middle of the target corridor. Currently, the EBITDA margin is anticipated to be between 13.2 and 13.5 percent.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TAKKT AG had previously forecast organic (adjusted for currency and acquisition effects) sales growth of between two and five percent for the 2017 financial year. The EBITDA margin was expected to come in at the middle of the target corridor of 12 to 15 percent of sales&#8230;<\/p>\n","protected":false},"author":24813,"featured_media":54374,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[448,341],"tags":[491,490],"class_list":["post-19346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-takkt-ag-ad-hoc-news","tag-491","tag-490"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>October 25, 2017 | TAKKT AG: TAKKT Adjusts Forecast for the 2017 Financial Year - cometis AG<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"October 25, 2017 | TAKKT AG: TAKKT Adjusts Forecast for the 2017 Financial Year - cometis AG\" \/>\n<meta property=\"og:description\" content=\"TAKKT AG had previously forecast organic (adjusted for currency and acquisition effects) sales growth of between two and five percent for the 2017 financial year. 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