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    TTK   DE0007446007

TAKKT AG

(TTK)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 08/05 11:26:44 am
13.91 EUR   -0.78%
07/30TAKKT : DZ Bank reiterates its Neutral rating
MD
07/29TAKKT : Buy rating from Warburg Research
MD
07/29Takkt Ag Reports Earnings Results for the Second Quarter Ended June 30, 2021
CI
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

PRESS RELEASE: Generation change at the top of TAKKT AG: Maria Zesch succeeds Felix Zimmermann

04/16/2021 | 12:25pm EDT
DGAP-News: TAKKT AG / Key word(s): Personnel 
Generation change at the top of TAKKT AG: Maria Zesch succeeds Felix Zimmermann 
2021-04-16 / 18:23 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Generation change at the top of TAKKT AG: Maria Zesch succeeds Felix Zimmermann 
Stuttgart, April 16, 2021. The Supervisory Board of TAKKT AG ("TAKKT") today unanimously appointed Maria Zesch as the 
company's new Chief Executive Officer (CEO). She will assume the position on August 1, 2021, succeeding Felix 
Zimmermann, who will leave the Management Board on his own request at the end of the Annual General Meeting on May 11, 
2021. 
"We are delighted to welcome Maria Zesch, an experienced leader and proven marketing, sales and service expert, as 
TAKKT's new CEO," said Florian Funck, Chairman of TAKKT's Supervisory Board. "With her ample digital and B2B know-how, 
her merger and transformation expertise and more than 20 years of management experience in international companies, she 
is the right person to realize further growth through digital transformation and a consistent customer-centric 
approach." 
Currently, Maria Zesch serves as member of the board for B2B & Digitalization at Magenta Telekom, an Austrian internet 
and mobile operator. She held various management positions within Deutsche Telekom Group since 2008. Prior to that, she 
worked at the strategy consultancy A.T. Kearney and at the media company ORF. 
"I am looking forward to the new challenge and would like to thank the Supervisory Board for their confidence and 
trust," said Maria Zesch. "With its international network, broad line-up and comprehensive expertise, TAKKT is able to 
offer customers worldwide an unprecedented experience in the B2B equipment sector. As part of the TAKKT team, I am 
looking forward to shaping the company's continued success; realizing further growth for both, the customers and the 
company through a clear focus on customer orientation and a consistently sustainable product range." 
Already in September 2020 TAKKT CEO Felix Zimmermann had announced that he would not renew his current contract to 
initiate a generation change and thus support the ongoing transformation of the Group. Now that the succession has been 
arranged, he has asked for his contract to be terminated at the end of the upcoming Annual General Meeting to be able 
to focus on other tasks. The Supervisory Board has complied with this request. 
Florian Funck expressed his gratitude towards Felix Zimmermann for his long-standing contribution and fruitful 
collaboration: "Felix Zimmermann has played a decisive role in shaping the success of the company during his almost 20 
years at TAKKT; including more than ten years as its CEO. I would like to express my greatest gratitude and 
appreciation on behalf of the Supervisory Board. He has further extended TAKKT's activities in Europe and the USA and 
driven the transformation of the company into a successful e-commerce provider whose profitability is well above 
industry average. We wish Felix Zimmermann all the very best for the future." 
From the end of the Annual General Meeting until Maria Zesch joins the company, TAKKT will be managed by a transition 
team, which will include Management Board members Claude Tomaszewski and Tobias Flaitz, as well as other members of 
senior management and representatives of the operating units. 
In addition to the management board personnel change, the supervisory board of TAKKT AG also discussed the distribution 
of roles within the board. As a result, Thomas Schmidt, CEO of TAKKT's majority shareholder Haniel, will take over as 
Chairman of the Supervisory Board after the end of the 2021 Annual General Meeting. Haniel CFO Florian Funck will 
remain a member of the Supervisory Board. 
Maria Zesch 
About TAKKT AG 
The TAKKT Group is specialized on B2B distance selling for business equipment in Europe and North America. The group is 
represented in more than 25 countries with its units KAISER+KRAFT, Ratioform, National Business Furniture, Displays2Go, 
Newport, Hubert und Central. The portfolio of its subsidiaries offers more than a million of products ranging from 
durables that companies use for their business activities, office furniture, transport packaging, display articles, 
food service supplies to commercial kitchens, hotels, and retailers. Largest shareholder is Haniel, holding shares of 
50.25%. 
Contacts: 
Michael Loch phone +49 711 3465-8222 
Benjamin Bühler phone +49 711 3465-8223 
Email: investor@takkt.de 
=---------------------------------------------------------------------------------------------------------------------- 
2021-04-16 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      TAKKT AG 
              Presselstr. 12 
              70191 Stuttgart 
              Germany 
Phone:        +49 (0)711 3465 80 
Fax:          +49 (0)711 3465 8104 
E-mail:       investor@takkt.de 
Internet:     www.takkt.de 
ISIN:         DE0007446007 
WKN:          744600 
Indices:      SDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, 
              Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange 
EQS News ID:  1185913 
 
End of News   DGAP News Service 
=------------ 

1185913 2021-04-16

(END) Dow Jones Newswires

April 16, 2021 12:24 ET (16:24 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE TELEKOM AG 0.29% 17.576 Delayed Quote.17.23%
DJ INDUSTRIAL 0.52% 34985.06 Delayed Quote.14.74%
SDAX 0.28% 16659.8 Delayed Quote.12.49%
SDAX PERFORMANCE INDEX 9:00-20:00 0.34% 16659.8 Delayed Quote.12.00%
TAKKT AG -1.00% 13.9 Delayed Quote.31.52%
All news about TAKKT AG
07/30TAKKT : DZ Bank reiterates its Neutral rating
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07/29Takkt Ag Reports Earnings Results for the Second Quarter Ended June 30, 2021
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More news
Financials
Sales 2021 1 175 M 1 391 M 1 391 M
Net income 2021 53,1 M 62,8 M 62,8 M
Net Debt 2021 151 M 178 M 178 M
P/E ratio 2021 17,3x
Yield 2021 4,07%
Capitalization 920 M 1 089 M 1 089 M
EV / Sales 2021 0,91x
EV / Sales 2022 0,85x
Nbr of Employees 2 428
Free-Float 49,7%
Chart TAKKT AG
Duration : Period :
TAKKT AG Technical Analysis Chart | TTK | DE0007446007 | MarketScreener
Technical analysis trends TAKKT AG
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Last Close Price 14,02 €
Average target price 15,86 €
Spread / Average Target 13,1%
EPS Revisions
Managers and Directors
Claude Tomaszewski Chief Financial Officer
Florian Funck Chairman-Supervisory Board
Thomas Kniehl Member-Supervisory Board
Johannes Haupt Deputy Chairman-Supervisory Board
Dorothee Ritz Member-Supervisory Board
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