Takkt Ag · XETR:TTK
Takkt — H1 2026 Earnings Presentation
24 slides from Takkt's earnings presentation, Jul 30, 2026
Slide 1: Results of first six months 2026
Results of first six months 2026 July 30, 2026
Slide 2: Overview H1 and Strategy update
Overview H1 and Strategy update 2 30.07.2026 Results of first six months 2026
Slide 3: Top line stabilizing as strategic actions take hold
Strategy update Top line stabilizing as strategic actions take hold Financial progress Strategic progress Organic sales Continued streamlining of the portfolio with Continued top line stabilization -5.4% divestment of European Foodservices business XXLhoreca end of June Adjusted Successful cost and
Slide 4: Helmar Hipp appointed to Management Board
Strategy update Helmar Hipp appointed to Management Board Division President for Industrial & Packaging appointed to Management Board effective May 15 Extensive international leadership experience: Member of the Executive Board of Zwilling J.A. Henckels Managing Director at e-commerce retailer Cyber
Slide 5: Continued actions to simplify portfolio
Strategy update Continued actions to simplify portfolio Divestments of unprofitable activities Integration of Sale of MyDisplays PostUpStand to Displays2Go 2024 2025 2026 Discontinuation of XXLhoreca bid contract at Sale of XXLhoreca to GastroHero Foodservices effective June 30, 2026 Financials 2025
Slide 6: Industrial & Packaging
Strategy update Industrial & Packaging MARKET ENVIRONMENT PROGRESS GDP growth Q2/26 Order intake Eurozone: 0.6% Majority of countries within Europe record positive OI in Q2 Germany: 0.3% adjusted for currency and working days effects Germany with negative development due to economic environment Manu
Slide 7: Office Furniture & Displays | Foodservices
Strategy update Office Furniture & Displays | Foodservices MARKET GDP growth Q2/26 USA at 2.2% ENVIRONMENT Increasing inflation and high energy prices limit demand NBF D2G Foodservices Office furniture market grows Trade fair activity remains limited Restaurant performance index marginally May at 10
Slide 8: Cost & cash actions on track
Strategy update Cost & cash actions on track Sustainable run rate savings with mid-term impact of +EUR Free cash flow generation slightly positive in Q2 5m 10m 15m 20m 25m 30m Cash flow development in H1 at similar level as prior year Implementation of cost saving measures on track On track to gener
Slide 9: Financial results
Financial results 9 30.07.2026 Results of first six months 2026
Slide 10: Financial overview Q2
Financial results Financial overview Q2 TOP LINE PROFITABILITY CASH GENERATION Sales: EUR 228.1m Adj. EBITDA margin: 4.1% FCF: EUR +0.6m Organic development of Strong gross profit margin and Free cash flow -4.1% shows continued stabilization effective cost management slightly positive in Q2 improve
Slide 11: Q2 TAKKT Group
Financial results Q2 TAKKT Group Sales (in €m) EBITDA development (in €m) 240.3 228.1 +3.8 -2.1 5.7 -4.8 4.6 +1.1 +0.9 Q2/25 Q2/26 EBITDA Sales Gross Personnel Marketing one-time EBITDA Q2/25 impact on profit costs and other effects Q2/26 gross profit margin costs Sales was 5.1% below prior year Gro
Slide 12: H1 TAKKT Group
Financial results H1 TAKKT Group Sales (in €m) EBITDA development (in €m) 16.9 -15.0 491.7 453.8 +5.8 -2.0 9.0 +3.2 +0.1 H1/25 H1/26 EBITDA Sales Gross Personnel Marketing one-time EBITDA H1/25 impact on profit costs and other effects H1/26 gross profit margin costs Sales were 7.7% below prior year
Slide 13: Industrial & Packaging
Financial results Industrial & Packaging Sales (in €m) EBITDA (in €m), margin (in %), adj. margin (in %) 137.5 9.9 Top line stabilization continues 133.1 with improved performance in most regions 4.4 Costs adjusted for one-offs similar 7.2% 8.1% 6.4% to prior year due to commercial 3.3% initiatives
Slide 14: Office Furniture & Displays
Financial results Office Furniture & Displays Sales (in €m) EBITDA (in €m), margin (in %), adj. margin (in %) Reported sales in H1 still slightly 48.6 49.2 5.8 negative due to 6.5pp negative FX impact 3.3 11.8% 11.8% Solid organic growth in Q2 lifts 6.9% 8.0% H1 organic growth rate towards slightly
Slide 15: Foodservices
Financial results Foodservices Sales (in €m) EBITDA (in €m), margin (in %), adj. margin (in %) Top line significantly impacted 54.2 Q2/25 Q2/26 by FX and discontinuation of bid 45.8 0 0 -0.01 contract business -0.5 -0.4% -0.02 Adjusted run rate at minus 7% -1 -1.6% -0.7 -0.03 -2.7% -2.3% -0.04 simil
Slide 16: Cash flow generation
Financial results Cash flow generation Free cash flow development (in €m) H1/25 H1/26 Cash flow before change in net working capital impacted by lower Cash flow before change in net working 11.4 2.9 EBITDA capital Change in net working capital as well as Net working capital: Increase in -9.3 -3.4 tr
Slide 17: Balance sheet
Financial results Balance sheet Net financial liabilities, of which lease liabilities (in €m) Equity ratio (in %) 131.5 133.9 50.6% 49.5% 52.0 45.9 12/31/2025 06/30/2026 12/31/2025 06/30/2026 Net financial liabilities remain steady Equity ratio remains in upper half of internal target range (30 to 6
Slide 18: Outlook 2026
Outlook 2026 18 30.07.2026 Results of first six months 2026
Slide 19: Gradual improvement to continue in H2
Outlook 2026 Gradual improvement to continue in H2 Discontinuation of bid contract will impact organic growth by one percent Organic sales development TOP LINE Gradual improvement of organic sales -7% to +3% development Ongoing execution of structural improvements Adjusted EBITDA margin PROFITABILIT
Slide 20: Q&A
Q&A 20 30.07.2026 Results of first six months 2026
Slide 21: Appendix
Appendix 21 30.07.2026 Results of first six months 2026
Slide 22: Organic sales growth
Appendix Organic sales growth Organic growth Q1/25 Q2/25 Q3/25 Q4/25 2025 Q1/26 Q2/26 TAKKT Group -7.6% -5.7% -6.2% -6.7% -6.6% -6.7% -4.1% Industrial & Packaging -5.7% -5.8% -5.0% -3.7% -5.1% -5.8% -3.4% Office Furniture & Displays -13.7% -11.6% -4.8% -11.5% -10.4% -2.1% +4.2% Foodservices -6.2% +0
Slide 23: Structure of sales development
Appendix Structure of sales development Q1/26 Q2/26 TAKKT Group -10.3% -5.1% Organic -6.7% -4.1% Currency -3.6pp -1.0pp Acquisition / divestment - - Industrial & Packaging -5.6% -3.2% Organic -5.8% -3.4% Currency +0.2pp +0.2pp Acquisition / divestment - - Office Furniture & Displays -12.0% +1.3% Org
Slide 24: TAKKT Investor Relations
Appendix TAKKT Investor Relations IR Contact Upcoming Events Benjamin Bühler Phone: +49 711 3465-8223 August 27, Hamburg Investor Days Email: investor@takkt.de October 28, Quarterly statement 3/26 www.takkt.de TAKKT AG is headquartered in Stuttgart, Germany. November 23, Deutsches Eigenkapitalforum