EQS-Adhoc: TAKKT AG: TAKKT publishes preliminary figures for the first half of the year and adjusts the forecast for 2025

TAKKT publishes preliminary figures for the first half of the year and adjusts the forecast for 2025

The high level of economic uncertainty and the ongoing tariff disputes are having a negative impact on the demand for business equipment from corporate customers at TAKKT. Based on preliminary figures, the Group generated sales of EUR 491.7 (529.4) million in the first half of the year, down 7.1 percent on the prior-year period. Adjusted for currency effects and portfolio changes, the organic growth rate was minus 6.7 percent. EBITDA amounted to EUR 16.9 (29.9) million. Adjusted for one-time expenses of EUR 4.0 (7.3) million, the EBITDA margin reached 4.3 (7.0) percent. Due in part to a temporary build-up of inventories in connection with the US import tariffs, free cash flow was negative in the first half of the year, amounting to EUR minus 9.3 (plus 25.6) million.

Due to the persistently challenging economic environment, TAKKT no longer expects a significant improvement in organic sales development in the second half of the year. The Group now expects organic growth of between minus nine and minus two percent for the full year (previously: minus four to plus six percent). TAKKT is implementing a new operating model including a shared service center in the core business of the European Industrial & Packaging division. As a result, one-time expenses will be higher than originally expected in the current year and could amount to a similar or slightly higher figure than the one-time expenses of EUR 17.1 million in the previous year (previously: high single-digit to low double-digit EUR million amount). The EBITDA margin adjusted for one-time expenses is expected to improve compared to the first half of the year and come in between four and six percent for the full year (previously: six to eight percent). TAKKT is working intensively to reduce net working capital and is evaluating further options to generate positive contributions to cash flow. Overall, the Group expects to generate free cash flow in the low to mid double-digit EUR million range in 2025. The Management Board confirms the existing dividend policy and intends to propose a dividend payment in the coming year as well.

TAKKT will publish the half-year report for the first six months as planned on July 29, 2025.
Contact:
Benjamin Bühler
Head of Investor Relations
+49 711 3465 8223
investor@takkt.de