TAKKT sees economic recovery
| 29 April, 2014
B2B business equipment specialist in Europe and North America TAKKT has reported that it has got off to a good start in 2014 with the economic recovery continuing in Europe.
The overall environment was positive in North America as well, although the harsh winter restrained growth at times. Under these conditions, the TAKKT Group was able to organically increase its turnover by 4.9 per cent over the previous year’s period.
At the division level, TAKKT EUROPE organically performed somewhat better than TAKKT AMERICA.
Felix Zimmermann, CEO of TAKKT AG, commented: “The positive start to the 2014 financial year is encouraging. In the first quarter, we managed to achieve decent organic turnover growth at the Group level and slightly improved our profitability. The main drivers were higher order numbers and a rise in average order values for both divisions of the TAKKT Group.”