T

Tarkett SA
PAR:TKTT

Watchlist Manager
Tarkett SA
PAR:TKTT
Watchlist
Price: 17 EUR Market Closed
Market Cap: 1.1B EUR

Tarkett SA
Investor Relations

Tarkett SA engages in the manufacturing of resilient flooring. The company is headquartered in Paris, Ile-De-France and currently employs 12,008 full-time employees. The company went IPO on 2013-11-22. The firm focuses on the development, manufacturing and marketing of ground and surface coating to business and private individuals. Tarkett SA is engaged in providing integrated flooring, wall based- and sports surface solutions. Its product portfolio encompasses ground coating, such as parquets, laminates, fitted carpets, vinyl flooring, conductive polyvinyl chloride (PVC) flooring and PVS non-slip floors, among others, which are used primarily in hospitals, schools, apartments building, shops, hotels and offices. In addition, it provides sport facility installations. The firm is active in the domestic market and internationally. The major shareholder of the Company is Societe Investissement Deconinck. The company also operates through Grassman.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q1 2021
Call Date
Apr 26, 2021
AI Summary
Q1 2021

Sales Decline: Q1 2021 sales fell 8.5% year-on-year, or 3.8% on an organic basis, mainly due to ongoing pandemic impacts in commercial segments.

Profitability Hit: Adjusted EBITDA dropped from EUR 42 million to EUR 34 million, with margins still resilient at 6.1%.

Cost Inflation: Raw material and freight inflation for 2021 is now expected at EUR 100 million, driven mainly by oil derivatives and shipping costs.

Price Increases: Strong pricing actions are underway across all regions, but only about 50% of inflation is expected to be offset in 2021 due to time lags.

Cost Savings: EUR 24 million in cost reductions achieved in Q1, with EUR 15 million coming from structural savings, well ahead of plan.

Tender Offer: The Deconinck family and Wendel announced a simplified tender offer at EUR 20 per share with a 38.1% premium, aiming to reinforce long-term commitment.

Outlook: Midterm EBITDA margin target of 12% is delayed by at least one year due to ongoing cost inflation and uncertain commercial demand recovery.

Key Financials
Revenue
Down 8.5% YoY
Organic Revenue
Down 3.8% YoY
Adjusted EBITDA
EUR 34 million
Adjusted EBITDA Margin
6.1%
Cost Savings
EUR 24 million
Structural Cost Savings
EUR 15 million
Raw Material and Freight Inflation
EUR 100 million (expected for 2021)
Net Debt
EUR 537 million
Net Debt to Last 12 Months Adjusted EBITDA
2x
Earnings Call Recording
Other Earnings Calls

Management

Mr. Fabrice Barthélemy
Chairman of Management Board & CEO
No Bio Available
Mr. Raphaël Bauer
Group CFO & Member of the Management Board
No Bio Available
Mr. Herve Legrand
Group Chief Information Officer
No Bio Available
Ms. Eline Cormont-Girardey
Group General Counsel
No Bio Available
Mr. Arnaud Marquis M.Sc. (Eng.), MBA
Chief Sustainability & Safety Officer
No Bio Available
Mr. Slavoljub Martinovic
President of EMEA & LATAM
No Bio Available
Mr. Stanislav Mitrovic
President of Tarkett Eastern Europe & APAC
No Bio Available
Mr. Eddy F. Schmitt
President & CEO of Tarkett Sports
No Bio Available
Mr. Carl E. Winn Everhart
President of Tarkett North America
No Bio Available

Contacts

Address
ILE-DE-FRANCE
Paris
1, Terrasse Bellini, Tour Initiale, Paris La Defense
Contacts
+33141204040.0
www.tarkett.com