TAKKT reports strong start to 2019
| 01 May, 2019
In the first three months of 2019, TAKKT says it was able to increase sales by 11.2 percent compared to the first quarter of 2018 to EUR 306.9 (276.1) million.
"We had a good start to 2019," says CEO Felix Zimmermann. The company benefited from continued good organic growth of 5.0 percent. There were positive effects of 2.6 percentage points from portfolio changes as well as 3.6 percentage points from currency fluctuations. As was already the case in the previous quarter, organic growth was somewhat stronger in North America than in Europe. All seven divisions were able to grow organically.
The company says it remains on track with its digital transformation. The share of order intake via e-commerce was 54.8 percent in the first quarter. In addition, the TAKKT investment company was recently able to carry out its ninth investment, acquiring a minority interest in Profishop. Established in 2012, the start-up is a high-growth B2B e-commerce platform for consumables and equipment for business, storage, manufacturing and building services.