With the strategy adopted at the end of 2021, TAKKT is speeding up the Group’s transformation into a more strongly integrated, customer-focused and growth-oriented company. The orientation is associated with ambitious strategic goals. As part of a comprehensive approach, these goals include financial aspects such as a significant increase in sales, earnings and free cash flow as well as moves to address the concerns of key stakeholders by improving customer satisfaction and employee motivation and conserving natural resources. The strategy is based on the three pillars Growth, OneTAKKT and Caring.
Due to the challenging environment, the medium-term corporate goals are currently being revised.
TAKKT is aiming to use its strategic orientation and clear customer focus to increase its business volume. In addition to organic growth, growth is to result from value-enhancing acquisitions. Besides increasing e-commerce, expanding cross-selling and an improved and intelligent pricing strategy, the Group believes that sustainable products and business models offer considerable growth potential.
One key component of the new strategic orientation is a more compact and integrated corporate structure. TAKKT expects the new structure to bolster growth as well as improve profitability through scaling effects and more efficient use of resources.
The new strategy is not limited to improving the company’s commercial success but instead pursues a comprehensive approach. TAKKT is convinced that addressing the concerns of all important stakeholder groups is the prerequisite for sustainable commercial success. This is why the Group has set itself ambitious goals for 2025 relating to customer satisfaction, employee engagement, and the environment and climate. Further details on these sustainability goals and measures are presented in the new sustainability report.