TAKKT AG
2.61
EUR
-0.11
(-4.05%)
ISIN
DE0007446007
Return %
Stock
S&P 500
1Y
-47.59
14.20
3Y
-78.86
81.12
5Y
-81.81
68.34
Capital Structure
EUR
•
in mil. unless spec.Working Capital
EUR
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in mil. unless spec.Growth Rates
EUR
•
in mil. unless spec.Quarterly Revenue
EUR
•
in mil. unless spec.Quarterly Earnings Per Share
EUR
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in mil. unless spec.Quarterly Dividends Per Share
EUR
•
in mil. unless spec.Company Description
- CEO
- Andreas Georg Weishaar
- Full Time Employees
- 1,982
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Presselstrasse 12 Stuttgart BW Germany 70191
- IPO Date
- Sep 16, 1999
- Website
- takkt.de
- Similar Companies
- Business
- Takkt AG is a Germany-based business-to-business omnichannel distributor of business equipment, operating primarily through three divisions: Industrial & Packaging, Office Furniture & Displays, and FoodService; the company offers more than 400,000 products including pallet lifting trucks, swivel chairs, environmental cabinets, containers for hazardous materials, collapsible boxes, package padding, shipping pallets, stretch film, office furniture, display articles, and equipment for the food service industry, hotels, and retailers; sales occur mainly via e-commerce, supplemented by print marketing and key account managers. Headquartered in Stuttgart and founded in 1999 as a spin-off from the mail order division of GEHE Aktiengesellschaft (with roots in Kaiser+Kraft GmbH established in 1945), Takkt AG serves corporate customers in manufacturing, logistics, service providers, and hospitality across more than 25 countries in Europe and North America through brands such as KAISER+KRAFT, Ratioform, Hubert, Gerdmans, and BiGDUG. The company, listed on the Frankfurt and Stuttgart stock exchanges since September 1999, generates the majority of its revenue from the Industrial & Packaging segment focused on factory and warehouse environments. In 2025, Takkt AG is implementing its TAKKT Forward strategy emphasizing Focus, Growth, and Performance pillars, including a new operating model for the Industrial & Packaging division with a shared service center in Hungary, automation, AI applications, and outsourcing of transactional activities to enhance customer focus and efficiency; the firm streamlined its I&P organizational structure amid economic uncertainty and tariff impacts, targeting annual cost savings of at least EUR 30 million, inventory reduction for improved cash flow, and an adjusted full-year organic sales growth forecast of minus 9 to minus 2 percent with an EBITDA margin of 4 to 6 percent excluding one-time expenses; additionally, it halted then resumed US imports from China in response to tariffs and completed a share buyback program in December 2024.