DGAP-News

TAKKT AG: Financial year successfully concluded - Proposed dividend increase

DGAP-News: TAKKT AG / Key word(s): Final Results/Forecast TAKKT AG: Financial year successfully concluded - Proposed dividend increase 22.03.2017 / 07:00 The issuer is solely responsible for the content of this announcement. Financial year successfully concluded - Proposed dividend increase

• Reported Group sales up by 5.8 percent to EUR 1,125.0 (1,063.8) million; organic growth of 5.2 percent
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• Gross profit margin remains constant at 42.6 (42.6) percent
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• EBITDA margin of 15.2 (14.8) percent slightly above target corridor, at 14.5 (14.5) percent when adjusted for one-time effects
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• Proposed dividend increase to EUR 0.55 (0.50) per share
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• Organic sales growth of two to five percent expected for 2017
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• Further investments for implementing the digital agenda
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Stuttgart, Germany, March 22, 2017. "We've had a successful financial year," remarked Felix Zimmermann, CEO of TAKKT AG, "with organic sales growth of 5.2 percent, which was slightly above our forecast for 2016." Group sales in the year under review increased by 5.8 percent to EUR 1,125.0 (1,063.8) million. Positive effects resulted from the fact that the company acquisitions Post-Up Stand and BiGDUG contributed to Group sales for the full year for the first time. Portfolio effects had a positive impact on sales of 1.2 percentage points. In contrast, currency effects had a negative impact of 0.6 percentage points.

EBITDA margin slightly above target corridor

In the year under review, EBITDA increased to EUR 171.3 (157.3) million. This is mainly due to the positive organic performance of sales in the segments. In addition, one-time gains should be taken into account in the year under review as well as for the previous year. In 2016, the EBITDA margin of 15.2 (14.8) percent was slightly above the target corridor of 12 to 15 percent. Adjusted for positive one-time gains, the EBITDA margin remained constant at 14.5 (14.5) percent.