Tarkett reports sales of ME 3363 for the 2023 financial year, stable overall compared with 2022 (ME 3359).

Adjusted EBITDA rose by 22.5% to 288 ME, while EBIT jumped by almost 80% to 154 ME (compared with 86 ME twelve months earlier).

Net income, group share, came to 20.4 ME in 2023, a far cry from the 26.8 ME loss recorded in 2022, and EPS was 0.31 euro, compared with -0.41 euro previously.

Nevertheless, citing a macroeconomic context and a market that "remains uncertain", and with a view to "preserving cash flow in 2024 and consolidating the turnaround initiated in 2023", Tarkett announces that its Management Board will not propose a dividend payment for 2023.

On the outlook side, Tarkett maintains its roadmap for operational and financial turnaround initiated in 2023.

It is targeting positive cash flow generation and debt reduction through rigorous control of working capital requirements and costs, as well as tight control of capital expenditure, with priority given to innovative, growth and productivity projects.


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