Takkt Ag · XETR:TTK
Takkt — Q1 2026 Earnings Presentation
20 slides from Takkt's earnings presentation, Apr 30, 2026
Slide 1: Results of first quarter 2026
Capital ResultsMarkets of first quarter Update 2026 2025: [StrategyApril Title30, to be 2026 discussed]
Slide 2: Overview Q1 2026
Overview Q1 2026 2 30.04.2026 Results of first quarter 2026
Slide 3: Market environment
Overview Q1 2026 Market environment Conditions remain highly volatile, with macroeconomic risks further intensifying due to Iran conflict EUROPE USA GDP growth Q1/26 GDP growth Q1/26 Eurozone: 0.9% 2.7% Germany: 0.1% Office furniture market: Industrial & packaging market: Market demand is recovering
Slide 4: Financial overview Q1
Overview Q1 2026 Financial overview Q1 TOP LINE PROFITABILITY CASH GENERATION Sales: EUR 225.7m Adj. EBITDA: EUR 5.5m FCF: EUR -9.8m Organic development of Adjusted margin at Free cash flow development -6.7% 2.4% in line with EBITDA Sales development with very similar run rate to prior year Key take
Slide 5: Strategic priorities within TAKKT Forward
Overview Q1 2026 Strategic priorities within TAKKT Forward Realize full customer potential Improve profitability and cash Develop TAKKT portfolio by tailored omni-channel generation by upgrading around strong core of experiences, enhanced processes & systems and Industrial & Packaging assortments, s
Slide 6: Financials Q1
Financials Q1 6 30.04.2026 Results of first quarter 2026
Slide 7: TAKKT Group
Financials Q1 TAKKT Group Sales (in €m) EBITDA development (in €m) 251.5 225.7 11.2 -10.3 +2.1 +0.1 4.4 +2.1 -0.8 Q1/25 Q1/26 EBITDA Sales Gross Personnel Marketing One-time EBITDA Q1/25 impact on profit costs and effects Q1/26 gross profit margin other costs Sales were 10.3% below prior year Gross
Slide 8: Industrial & Packaging
Financials Q1 Industrial & Packaging Sales (in €m) EBITDA (in €m), margin (in %), adj. margin (in %) 19 0.19 146.6 138.3 13.8 14 0.14 9.4% 9.7% 10.2 9 7.4% 7.8% 0.09 4 0.04 -1 -0.01 Q1/25 Q1/26 Q1/25 Q1/26 Sales development of minus 5.6% Gross profit margin stable at prior year’s level Organic sales
Slide 9: Office Furniture & Displays
Financials Q1 Office Furniture & Displays Sales EBITDA (in €m), margin (in %), adj. margin (in %) in $m in €m 5 0.25 55.6 54.4 52.8 4.5 46.5 4 0.2 3.5 3 0.15 2.5 2 0.1 1.5 1.1 1 2.2% 2.6% 0.6 2.1% 0.05 1.4% 0.5 0 0 Q1/25 Q1/26 Q1/25 Q1/26 Q1/25 Q1/26 Sales development of minus 12.0% significantly im
Slide 10: Foodservices
Financials Q1 Foodservices Sales EBITDA (in €m), margin (in %), adj. margin (in %) in $m adj. for bid contract in €m 6 0.2 51.3 47.8 52.1 5 0.15 4 40.8 3 0.1 2 1 0.5 1.0% 1.0% Q1/26 0.05 0 0 -1 Q1/25 -0.05 -2 -4.9% -4.9% -3 -2.0 -0.1 Q1/25 Q1/26 Q1/25 Q1/26 Sales development of minus 21.5% significa
Slide 11: Cash flow generation
Financials Cash flow generation Free cash flow development (in €m) Q1/25 Q1/26 Cash flow before change in net Cash flow before change in net working capital 9.4 2.4 working capital impacted by lower EBITDA Change in net working capital as well as other -8.7 -8.6 adjustments Net working capital: Incr
Slide 12: Balance sheet
Financials Balance sheet Net financial liabilities, Equity ratio (in %) of which lease liabilities (in €m) 50.6% 50.1% 131.5 138.2 52.0 49.1 12/31/2025 03/31/2026 12/31/2025 03/31/2026 Slight increase in net financial liabilities Equity ratio virtually unchanged at 50% 12 30.04.2026 Results of first
Slide 13: Guidance 2026
Guidance 2026 13 30.04.2026 Results of first quarter 2026
Slide 14: Continued execution focus in volatile market
Guidance 2026 Continued execution focus in volatile market Market environment Priorities COMMERCIAL Advance omnichannel sales model by scaling Elevated level of economic uncertainty proven 2025 growth initiatives and volatility (tariffs, geopolitics,..) Accelerate commercial recovery with individual
Slide 15: Gradual improvement after a slow start in 2026
Guidance 2026 Gradual improvement after a slow start in 2026 Discontinuation of bid contract will impact organic growth by one percent Organic sales development TOP LINE Return to positive organic growth over the -7% to +3% course of the year Ongoing execution of structural improvements Adjusted EBI
Slide 16: Q&A
Q&A 16 30.04.2026 Results of first quarter 2026
Slide 17: Appendix
Appendix 17 30.04.2026 Results of first quarter 2026
Slide 18: Organic sales growth
Appendix Organic sales growth Organic growth Q1/25 Q2/25 Q3/25 Q4/25 2025 Q1/26 TAKKT Group -7.6% -5.7% -6.2% -6.7% -6.6% -6.7% Industrial & Packaging -5.7% -5.8% -5.0% -3.7% -5.1% -5.8% Office Furniture & Displays -13.7% -11.6% -4.8% -11.5% -10.4% -2.1% Foodservices -6.2% +0.4% -10.0% -10.2% -6.6%
Slide 19: Structure of sales development
Appendix Structure of sales development Q1/26 TAKKT Group -10.3% Organic -6.7% Currency -3.6pp Acquisition / divestment - Industrial & Packaging -5.6% Organic -5.8% Currency +0.2pp Acquisition / divestment - Office Furniture & Displays -12.0% Organic -2.1% Currency -9.9pp Acquisition / divestment -
Slide 20: TAKKT Investor Relations
Appendix TAKKT Investor Relations IR Contact Upcoming Events Benjamin Bühler Phone: +49 711 3465-8223 May 11, Equity Forum Spring Conference Fax: +49 711 3465-8100 e-mail: investor@takkt.de May 20, Shareholders’ Meeting www.takkt.de July 30, Half-year Results 2026 TAKKT AG is headquartered in Stuttg