Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Tarkett
  6. News
  7. Summary
    TKTT   FR0004188670

TARKETT

(TKTT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Flooring Supplier Tarkett Sees Mostly Positive FX Impact in 1st Half --Currency Comment

07/20/2021 | 04:35pm EDT

By Paulo Trevisani

Foreign-exchange rates had a mostly positive impact on Tarkett SA's results in the first half of the year.

The French provider of flooring products said Tuesday that it had earnings before interest and taxes were 30.2 million euros ($35.58 million), or EUR37.9 million on an adjusted basis. Full earnings are to be released on July 29.

Tarkett, which ships flooring products to nearly all continents, said forex rates excluding Commonwealth of Independent States nations had a positive effect of EUR900,000 "as the impact of the dollar depreciation versus the euro and negative exchange rates in Sweden were fully offset" in adjusted earnings before interest, taxes, depreciation and amortization.

The company also said "significant selling prices increases were deployed" in countries using the Russian ruble as tender, to offset the currency's depreciation and raw-material inflation.

The U.S. dollar rose 3% against the euro from Jan. 1 to June 30, while the krona lost 3.8% versus the greenback and rose 0.9% against the euro. The ruble was down 1.2% against the dollar and down 4% against the euro over the first six months of the year, according to Tullett Prebon.

Write to Paulo Trevisani at paulo.trevisani@wsj.com

(END) Dow Jones Newswires

07-20-21 1634ET

All news about TARKETT
07/30GLOBAL MARKETS LIVE : Caterpillar, Chevron, Robinhood, Bayer, Gilead Sciences...
07/29TARKETT : Half-Year 2021 Financial Results
PU
07/29TARKETT H1 RESULTS : performance reflecting progressive sales recovery and inflation in pu..
GL
07/29Tarkett S.A. Reports Earnings Results for the Half Year Ended June 30, 2021
CI
07/28TARKETT : Termination of the liquidity contract
GL
07/20Flooring Supplier Tarkett Sees Mostly Positive FX Impact in 1st Half --Currency Comment
DJ
07/20GLOBAL MARKETS LIVE : LVMH, Apple, Microsoft, ABB, SoftwareOne...
07/20TRADING UPDATE : H1 performance reflecting sales recovery and inflation in purchasing and ..
GL
07/20Tarkett Provides Revenue Guidance for the Second Half of 2021
CI
07/16TARKETT S.A.(ENXTPA : TKTT) dropped from CAC Small Index
CI
More news
Financials
Sales 2021 2 762 M 3 235 M 3 235 M
Net income 2021 35,8 M 41,9 M 41,9 M
Net Debt 2021 449 M 525 M 525 M
P/E ratio 2021 34,6x
Yield 2021 1,35%
Capitalization 1 365 M 1 602 M 1 599 M
EV / Sales 2021 0,66x
EV / Sales 2022 0,61x
Nbr of Employees 12 384
Free-Float 9,93%
Chart TARKETT
Duration : Period :
Tarkett Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TARKETT
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 4
Last Close Price 20,95 €
Average target price 19,25 €
Spread / Average Target -8,11%
EPS Revisions
Managers and Directors
Fabrice Dominique Robert Barthélemy Chairman-Management Board
Raphaël Bauer Group CFO, Head-Human Resources & Communication
Bonnardière La Eric Chairman-Supervisory Board
Antoine Prévost EVP-Operations, Head-Research & Development
Gilles Lebret Director-Customer Operations & Information Systems
Sector and Competitors
1st jan.Capi. (M$)
TARKETT45.49%1 602
KINGSPAN GROUP PLC65.30%20 182
FORBO HOLDING AG25.82%3 265
MONALISA GROUP CO.,LTD-29.20%1 451
DYNASTY CERAMIC PUBLIC COMPANY LIMITED29.73%787
PT ARWANA CITRAMULIA TBK8.09%375