TAKKT AG (XTRA:TTK) is looking for M&A. Lars Bolscho, Chief Financial Officer said, "Due to the strong cash flow generation, I just talked about that, our net financial liabilities are expected to decrease further until end of this year unless we would be able to pursue an attractive M&A opportunity. The equity ratio is at 61.7%, and with that still above our target corridor. So we have a strong position, allowing us to continue our share buyback program, allowing us to look for attractive M&A and also allowing us to continue our dividend strategy".
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
13.16 EUR | -1.50% | +0.92% | -2.52% |
Apr. 25 | Dpa-AFX Overview: COMPANIES from 25.04.2024 - 15:15 | DP |
Apr. 25 | Transcript : TAKKT AG, Q1 2024 Earnings Call, Apr 25, 2024 |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-2.52% | 931M | |
+1.92% | 3.7B | |
-3.29% | 509M | |
-14.04% | 288M | |
-10.21% | 221M | |
-15.08% | 64.28M |
- Stock Market
- Equities
- TTK Stock
- News TAKKT AG
- Takkt Seeks M&A