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TAKKT AG (TTK.DE)

XETRA - XETRA Delayed Price. Currency in EUR
13.38-0.38 (-2.76%)
At close: 05:35PM CET

TAKKT AG

Presselstrasse 12
Stuttgart 70191
Germany
49 711 3465 80
https://www.takkt.de

Sector(s)Industrials
IndustryBusiness Equipment & Supplies
Full Time Employees2,429

Key Executives

NameTitlePayExercisedYear Born
Ms. Maria ZeschCEO & Chairman of the Management Board609kN/A1973
Mr. Lars BolschoCFO & Member of Management BoardN/AN/A1978
Michael LochHead of Investor RelationsN/AN/AN/A
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

TAKKT AG operates as a B2B direct marketing company for business equipment in Germany, the rest of Europe, and the United States. The company operates in three segments: Industrial & Packaging, Office Furniture & Displays, and FoodService. The Industrial & Packaging segment offers pallet lifting trucks, universal cabinets, and swivel chairs, as well as special-purpose products, such as environmental cabinets and containers for hazardous materials under the KAISER+KRAFT brand; and office and business equipment to smaller corporate customers under the Certeo and Büromöbelonline brands. The Office Furniture & Displays segment provides office equipment, including office chairs and desks, conference tables and furniture for reception areas under the National Business Furniture (NBF) and OfficeFurniture.com brands; and advertising banners, digital display stands, mobile trade booths, and fixtures under the Displays2Go's and Mydisplays brands. The Foodservice segment offers meal and food preparation and presentation products, such as pots, pans, ice machines, and deep fryers for hotels, restaurants, and catering. This segment also provides buffet equipment, including serving platters and food baskets under the Hubert brand; and various equipment and supplies required for the operation of small to mid-sized restaurants comprising kitchen stoves and freezers under the Central brand. The company offers its products through catalogs, webshops, and telephone sales. The company was founded in 1945 and is based in Stuttgart, Germany.

Corporate Governance

TAKKT AG’s ISS Governance QualityScore as of March 1, 2024 is 8. The pillar scores are Audit: 7; Board: 6; Shareholder Rights: 6; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.