TAKKT: distributie kantoor- en magazijnuitrusting
TIP
Re: TAKKT: distributie kantoor- en magazijnuitrusting
Was wel perfecte timing precies ...gpv1 schreef:Heb vandaag mijn aandelen van TAKKT verkocht rond de €23. Er is nog stijgingspotentieel maar ik neem het zekere voor het onzekere. Heb er een mooie winst mee gemaakt.
Re: TAKKT: distributie kantoor- en magazijnuitrusting
ttp://www.takkt.de/fileadmin/user_upload/takk ... q-e-00.pdfjens_dev schreef:Geconsolideerde verslagen worden pas op 22/3 gepubliceerd.
Operationele kasstroom van €162m en vrije kasstroom van €99,8m. Beide recordcijfers. Blijft een saai, maar aantrekkelijk gewaardeerd bedrijf imo. Operationele kasstroom zou dit jaar wat dalen door kosten i.v.m. digitalisering. Organische omzetgroei van 2-5% en EBITDA-marge rond 13,5%.
Re: TAKKT: distributie kantoor- en magazijnuitrusting
Goeie cijfers. Ongelooflijk dat zo'n cijfers worden afgestraft op de beurs. Ik verhoog mijn faire waarde naar €27,97 (subjectief en aan schommelingen onderhevig).
Aandelenportefeuille netto met 1184% gestegen sinds opstart in Nov '08. YTD bruto excl dividenden: +0,1% (tem 14 feb '24)
Momenteel: 40% IVU, WTW, Alfa, Intertek, LSEG; 60% cash
Momenteel: 40% IVU, WTW, Alfa, Intertek, LSEG; 60% cash
Re: TAKKT: distributie kantoor- en magazijnuitrusting
Q2:
Omzet -1,5% (organisch: -2,3%)
Door lager aantal working days en zeer sterk Q2 2016. Momentum in VS nam af.
H1:
Omzet +2% (organisch: +0,9%)
EBITDA -14%; onderliggend -6,5% door one-off gains in H1 2016.
Hogere kosten m.b.t. digitale agenda hebben ook een impact.
Vrije kasstroom blijft zeer sterk: €50,3m (€57,2m excl. werkkapitaal).
Nettoschuldpositie daalt ondanks dividendbetaling met 10,5% naar €159m.
Outlook:
Behouden (organische omzetgroei +2-5% en EBITDA-marge 12-15%), wat een betere 2de jaarhelft impliceert, vooral in Europa, maar ook in VS.
Omzet -1,5% (organisch: -2,3%)
Door lager aantal working days en zeer sterk Q2 2016. Momentum in VS nam af.
H1:
Omzet +2% (organisch: +0,9%)
EBITDA -14%; onderliggend -6,5% door one-off gains in H1 2016.
Hogere kosten m.b.t. digitale agenda hebben ook een impact.
Vrije kasstroom blijft zeer sterk: €50,3m (€57,2m excl. werkkapitaal).
Nettoschuldpositie daalt ondanks dividendbetaling met 10,5% naar €159m.
Outlook:
Behouden (organische omzetgroei +2-5% en EBITDA-marge 12-15%), wat een betere 2de jaarhelft impliceert, vooral in Europa, maar ook in VS.
Re: TAKKT: distributie kantoor- en magazijnuitrusting
Aangezien gpv al even niet meer actief is:
Ja, hij doet dat zelf. Info komt gewoon uit de jaarverslagen.
Ja, hij doet dat zelf. Info komt gewoon uit de jaarverslagen.
Re: TAKKT: distributie kantoor- en magazijnuitrusting
Serieus onderuit de laatste dagen en weken. Q3 cijfers nu donderdag. Aandeel is volgens mij toch al snel 20% meer waard.
Re: TAKKT: distributie kantoor- en magazijnuitrusting
Aap komt uit de mouw. Kleine omzetwaarschuwing, o.a. door hurricanes. Sommigen waren precies al op de hoogte.
TAKKT expects that the organic performance in the fourth quarter will not be enough for the figures to reach the previously forecast target corridor of 2 to 5 percent. The TAKKT Management Board anticipates organic sales growth of 0 to 1 percent for the 2017 financial year.
TAKKT expects that the organic performance in the fourth quarter will not be enough for the figures to reach the previously forecast target corridor of 2 to 5 percent. The TAKKT Management Board anticipates organic sales growth of 0 to 1 percent for the 2017 financial year.
Re: TAKKT: distributie kantoor- en magazijnuitrusting
Misschien net een goed moment om (bij) te kopen? :-)
Re: TAKKT: distributie kantoor- en magazijnuitrusting
Rond de €15-€16 wil ik dat gerust overwegen.
Re: TAKKT: distributie kantoor- en magazijnuitrusting
Dju, ik heb enkele dagen geleden ferm overwogen om bij te kopen en heb dat niet gedaan; ondertussen schiet het aandeel 9% omhoog
Re: TAKKT: distributie kantoor- en magazijnuitrusting
TAKKT dit jaar al 16,6% gedaald terwijl de SDAX 23,8% steeg. Er moet hier volgens mij vroeg of laat een inhaalbeweging komen.
Aandelenportefeuille netto met 1184% gestegen sinds opstart in Nov '08. YTD bruto excl dividenden: +0,1% (tem 14 feb '24)
Momenteel: 40% IVU, WTW, Alfa, Intertek, LSEG; 60% cash
Momenteel: 40% IVU, WTW, Alfa, Intertek, LSEG; 60% cash
Re: TAKKT: distributie kantoor- en magazijnuitrusting
Koers in goeie doen sinds december.
Aandelenportefeuille netto met 1184% gestegen sinds opstart in Nov '08. YTD bruto excl dividenden: +0,1% (tem 14 feb '24)
Momenteel: 40% IVU, WTW, Alfa, Intertek, LSEG; 60% cash
Momenteel: 40% IVU, WTW, Alfa, Intertek, LSEG; 60% cash
Re: TAKKT: distributie kantoor- en magazijnuitrusting
Net binnen:
TAKKT Acquires Leading British Online Retailer for Office Furniture
Stuttgart, Germany, January 30, 2018. TAKKT AG has acquired 100 percent of the shares of Equip4Work Ltd. Signing and closing of the transaction took place on January 29. The company generated sales of roughly 40 million pounds and an EBITDA margin in the low double-digit percentage range in the 2016/2017 financial year. It will become part of the newport group founded at the beginning of January within the TAKKT EUROPE segment.
Equip4Work, founded in 2004, sells office furniture such as desks, chairs and cabinets in the United Kingdom under its primary sales brand OfficeFurnitureOnline. It also sells warehouse and business equipment under the sales brand Equip4Work. The company places strong emphasis on private label brands and offers an attractive range of products in the affordable value for money segment as well as higher-scale branded furniture. Products are sold online. OfficeFurnitureOnline, headquartered in Dumfries, Scotland, is highly successful in customer acquisition in its web shop and has built a loyal customer base of primarily smaller to medium-sized companies. OfficeFurnitureOnline is thus now one of the leading online retailers for office furniture in the United Kingdom.
"The focus on successful online sales, a great deal of expertise in private label brands, the attractive range of products and an excellent team of employees make OfficeFurnitureOnline a great addition to our newly created newport group. This acquisition is the next step for us in our portfolio strategy to strengthen online activities," Felix Zimmermann, CEO of TAKKT AG, commented.
The purchase price, on a cash free, debt free basis, amounted to GBP 35 million. In addition to that, a further potential and variable purchase price component (earn out) of up to GBP ten million was agreed. This earn-out depends on the achievement of certain performance goals for the company over the next three years, and would be payable in 2021. The company will continue to be managed by the family that founded and owned the company, with Martin and Michael Hutchinson as representatives. "We are very happy to have found a partner in TAKKT who will help us to continue and expand the strong growth of recent years. We believe that the cooperation and exchange with the other companies of TAKKT and the newport group will provide many exciting opportunities for both sides," said Martin Hutchinson.
TAKKT Acquires Leading British Online Retailer for Office Furniture
Stuttgart, Germany, January 30, 2018. TAKKT AG has acquired 100 percent of the shares of Equip4Work Ltd. Signing and closing of the transaction took place on January 29. The company generated sales of roughly 40 million pounds and an EBITDA margin in the low double-digit percentage range in the 2016/2017 financial year. It will become part of the newport group founded at the beginning of January within the TAKKT EUROPE segment.
Equip4Work, founded in 2004, sells office furniture such as desks, chairs and cabinets in the United Kingdom under its primary sales brand OfficeFurnitureOnline. It also sells warehouse and business equipment under the sales brand Equip4Work. The company places strong emphasis on private label brands and offers an attractive range of products in the affordable value for money segment as well as higher-scale branded furniture. Products are sold online. OfficeFurnitureOnline, headquartered in Dumfries, Scotland, is highly successful in customer acquisition in its web shop and has built a loyal customer base of primarily smaller to medium-sized companies. OfficeFurnitureOnline is thus now one of the leading online retailers for office furniture in the United Kingdom.
"The focus on successful online sales, a great deal of expertise in private label brands, the attractive range of products and an excellent team of employees make OfficeFurnitureOnline a great addition to our newly created newport group. This acquisition is the next step for us in our portfolio strategy to strengthen online activities," Felix Zimmermann, CEO of TAKKT AG, commented.
The purchase price, on a cash free, debt free basis, amounted to GBP 35 million. In addition to that, a further potential and variable purchase price component (earn out) of up to GBP ten million was agreed. This earn-out depends on the achievement of certain performance goals for the company over the next three years, and would be payable in 2021. The company will continue to be managed by the family that founded and owned the company, with Martin and Michael Hutchinson as representatives. "We are very happy to have found a partner in TAKKT who will help us to continue and expand the strong growth of recent years. We believe that the cooperation and exchange with the other companies of TAKKT and the newport group will provide many exciting opportunities for both sides," said Martin Hutchinson.
Aandelenportefeuille netto met 1184% gestegen sinds opstart in Nov '08. YTD bruto excl dividenden: +0,1% (tem 14 feb '24)
Momenteel: 40% IVU, WTW, Alfa, Intertek, LSEG; 60% cash
Momenteel: 40% IVU, WTW, Alfa, Intertek, LSEG; 60% cash
Re: TAKKT: distributie kantoor- en magazijnuitrusting
Zag het ook.
£35m (+ max. £10m earn-out in 2021) voor £4,5m à £5m ebitda in FY16/17. Lijkt fair, zeker als je dat financiert aan circa 3% rente. TAKKT noteert zelf aan hogere multiples.
£35m (+ max. £10m earn-out in 2021) voor £4,5m à £5m ebitda in FY16/17. Lijkt fair, zeker als je dat financiert aan circa 3% rente. TAKKT noteert zelf aan hogere multiples.