Takkt Ag · XETR:TTK
Takkt — Investor Presentation (August 2026)
43 slides from Takkt's investor presentation, Aug 27, 2026
Slide 1: Investor Presentation
arA™)I Investor Presentation TAK IT
Slide 2: Contents
Contents 1. Business model 2. Strategy TAKKT Forward 3. Financial results 4. Outlook 5. Share and Investor Relations 2 27.08.2026 Investor Presentation
Slide 3: Business model
Business model 3 27.08.2026 Investor Presentation
Slide 4: TAKKT at a Glance
Business model TAKKT at a Glance TAKKT is a leading B2B omnichannel distributor for business equipment in Europe & North America Sales Adj. EBITDA Free cash flow €1b €36m €10m 3 14 >400,000 (2025) (2025) (2025) Divisions Brands Products 1999 1,982 48 Stock listed FTE Employees Locations 4 27.08.2026
Slide 5: Well balanced and diversified customer base
Business model Well balanced and diversified customer base >500,000 Customer industries Industrials1 Services & Non-profits & Trade Other Active Customers restaurants public org. Sales by Sales Sales customer by channel by region groups E-Commerce Offline Germany Europe ex Germany North America Larg
Slide 6: Two customer groups with four common needs
Business model Two customer groups with four common needs… …and distinct procurement requirements Large & medium customers Small customers with high complexity with transactional Optimize process costs demand Increase procurement Best value-for-money compliance and steering products Reliable and sea
Slide 7: Serving our customers along three divisions
Business model Serving our customers along three divisions… 7 27.08.2026 Investor Presentation
Slide 8: With a wide range of attractive products
Business model ..with a wide range of attractive products INDUSTRIAL & PACKAGING > 140,000 products OFFICE FURNITURE & DISPLAYS > 15,000 products FOODSERVICES > 270,000 products 8 27.08.2026 Investor Presentation
Slide 9: Sustainability plays a key role for the business
Business model Sustainability plays a key role for the business Customer Product & Supplier ESG compliance Operations ESG is increasingly Transparent data Meeting regulatory Reducing emissions and shaping customer enables sustainable standards and advancing energy- behavior decisions supporting cust
Slide 10: Strategy
Strategy 10 27.08.2026 Investor Presentation
Slide 11: Three pillars to move TAKKT Forward
TAKKT Forward Three pillars to move TAKKT forward Realize full customer Develop future Improve profitability potential by tailored TAKKT portfolio and cash generation by omni-channel around strong core upgrading processes & experiences, enhanced of Industrial & systems and operating assortments, ser
Slide 12: 3 divisions in attractive markets & varying performance
TAKKT Forward: Focus 3 divisions in attractive markets & varying performance Industrial & Packaging Office Furniture & Displays Foodservices NBF D2G Europe North America North America North America Market size & €6b €38b €14b €17b structure Fragmented Fragmented Consolidating Consolidating “Leading
Slide 13: Continued actions to simplify portfolio
TAKKT Forward: Focus 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
Slide 14: Industrial & Packaging
TAKKT Forward: Growth Industrial & Packaging MARKET ENVIRONMENT PROGRESS GDP growth Q2/26 Upgraded product range: Added new products, generating Eurozone: 0.6% additional sales while improving assortment efficiency Germany: 0.3% Increased brand visibility Implementation of PacX initiative supports s
Slide 15: Office Furniture & Displays | NBF
TAKKT Forward: Growth Office Furniture & Displays | NBF MARKET ENVIRONMENT PROGRESS USA Q2/26 More strategic pricing: Holistic approach integrating freight pricing, GDP growth: 2.2% price elasticity and expanding offer with attractive entry level Increasing inflation and high products energy prices
Slide 16: Office Furniture & Displays | D2G
TAKKT Forward: Growth Office Furniture & Displays | D2G MARKET ENVIRONMENT PROGRESS USA Q2/26 Drive re-engagement: Grew customer and order counts with GDP growth: 2.2% strategic pricing, marketing optimizations, webshop Increasing inflation and high improvements and proactive outreach energy prices
Slide 17: Foodservices
TAKKT Forward: Growth Foodservices MARKET ENVIRONMENT PROGRESS USA Q2/26 Expand customer base: Entered mid-sized restaurant chains segment GDP growth: 2.2% (20 to 300 locations) with full-service solution for new openings and Increasing inflation and high replenishments energy prices limit demand Gr
Slide 18: Stronger Operating Model for Speed, Efficiency and Scale
TAKKT Forward: Performance Stronger Operating Model for Speed, Efficiency and Scale Core Key commercial roles and Functions centralized capabilities Streamline – Automate – Relocate Clearer structures enabling faster and more TAKKT consistent execution Consolidated transactional, Competence repeatab
Slide 19: Cost & cash actions on track
TAKKT Forward: Performance 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 tra
Slide 20: Financial results
Financial results 20 27.08.2026 Investor Presentation
Slide 21: 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 22: 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 23: 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 24: 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 25: 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 26: 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 27: 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 28: 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 29: Outlook
Outlook 29 27.08.2026 Investor Presentation
Slide 30: Gradual improvement to continue in H2
Outlook 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 PROFITABILITY One
Slide 31: Mid-term financial targets
Outlook Mid-term financial targets Return to positive growth paves the way toward stronger margins and higher cash generation over the mid-term Long-term market growth expected Organic sales growth Above market growth to be in line with nominal GDP 8% to 10+% Significant profitability increase; targ
Slide 32: Continued stabilization and positive outlook for growth
Outlook Continued stabilization and positive outlook for growth Quarterly sales development TAKKT Group (adjusted for currency effects, in %) ⟩ Organic growth rate currently still slightly 5% negative ⟩ Recent sales 0% development confirms positive trend with continued -5% stabilization ⟩ Moderate -
Slide 33: TAKKT share and Investor Relations
TAKKT share and Investor Relations 33 27.08.2026 Investor Presentation
Slide 34: Information about the TAKKT share
TAKKT share and Investor Relations Information about the TAKKT share Total Shareholder Return: TAKKT and indices Shareholder structure 175 2.4% Franz Haniel & Cie. 150 32.6% Free float 125 65.0% Treasury 100 shares 75 Analyst recommendations 50 Buy 25 Hold Sell 0 Jan-25 Apr-25 Jul-25 Oct-25 Jan-26 A
Slide 35: TAKKT Investor Relations
TAKKT share and Investor Relations TAKKT Investor Relations IR Contact Upcoming Events Benjamin Bühler Phone: +49 711 3465-8223 October 28, Quarterly statement 3/26 Email: investor@takkt.de November 23, Deutsches Eigenkapitalforum www.takkt.de TAKKT AG is headquartered in Stuttgart, Germany. Decembe
Slide 36: Appendix
Appendix 36 27.08.2026 Investor Presentation
Slide 37: 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 38: 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 39: Sales and EBITDA development
Appendix Sales and EBITDA development Sales (in €m) EBITDA (in €m), EBITDA margin (in %) 132.1 1,336.8 112.6 111.9 1,178.0 1,240.0 1,052.9 964.3 9.9 55.7 9.6 9.0 5.3 19.8 2.1 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 39 27.08.2026 Investor Presentation
Slide 40: E-com growth and share
Appendix E-com growth and share Organic e-commerce growth of order intake (in %) Share of e-commerce in order intake (in %) 16.3 60.8 59.0 60.0 61.2 57.1 1.1 2021 2022 2023 2024 2025 -5.0 -8.1 2021 2022 2023 2024 2025 -10.6 40 27.08.2026 Investor Presentation
Slide 41: Value-based figures
Appendix Value-based figures TAKKT Value Added (in €m) Return on Capital Employed (in %) 2021 2022 2023 2024 2025 8.0 8.4 -3.1 -1.5 4.2 -30.6 2021 2022 2023 2024 2025 -90.0 -4.9 -158.7 -20.4 41 27.08.2026 Investor Presentation
Slide 42: Internal covenants (1/2)
Appendix Internal covenants (1/2) Equity ratio (in €m) Dept repayment period (in years) 62.2 62.4 63.8 58.8 6.6 50.6 2.0 0.9 0.9 0.9 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 Internal target range: 30 to 60 percent Internal target value: < 5 years 42 27.08.2026 Investor Presentation
Slide 43: Internal covenants (2/2)
Appendix Internal covenants (2/2) Interest cover Gearing 20.1 0.4 14.4 8.9 0.2 0.2 0.2 0.1 2.5 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 Internal target value: > 4 Internal target value: < 1.5 In 2025, the operating result before goodwill amortization was negative so the interest cover canno