A clear focus for a stronger TAKKT
With "TAKKT Forward", we are systematically aligning our business model toward greater efficiency, sustainable growth, and a stronger customer focus. The strategy is based on three key priorities: focus, growth, and performance.
More information on the strategy are published in the current annual report.
We are clearly directing our resources toward the areas where we see the greatest potential for long-term value creation. The focus is on strengthening our core European business. At the same time, we are strategically expanding selected activities in the US while consistently withdrawing from less profitable areas. Through these clear priorities, we are reducing complexity, sharpening our profile, and laying the foundation for a more focused and resilient corporate structure.
We are working purposefully to improve our growth potential once again. To this end, we are strengthening our access to mediumsized and large corporate customers and further developing our product portfolio more clearly in line with their specific requirements. At the same time, we are increasing the relevance of our brands across all sales channels and aligning our offerings more strongly with service-oriented project and customer solutions. The continued simplification and expansion of our product range is intended to help strengthen our market position and achieve a return to profitable and sustainable growth.
We are creating a resilient foundation for leaner cost structures and more profitable results. To this end, we are implementing our new operating model, consolidating IT, data, and AI expertise within the TAKKT Competence Center, and automating and relocating transactional processes. At the same time, we are optimizing our logistics and procurement structures, consolidating volumes, and relocating procurement activities to more cost-efficient regions.
