Why did TAKKT AG adopt International Financial Reporting Standards (IFRS)?

Since the first quarter of 2002, TAKKT AG has prepared its accounts according to IFRS, International Financial Reporting Standards. This change was necessary due to the further development of accounting principles and the expectations of the capital markets. At the same time, the Group is following the rules of the Prime Standard segment, which stipulate that international accounting standards must be used. This changeover does not cause any fundamental changes on an annual basis.
Further information on the effects of the changeover to IFRS for TAKKT AG can be downloaded as a PDF document here.