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Corporate strategy

Strategic goals for 2025
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 that TAKKT is aiming to achieve by 2025. 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.



 

Strategic goals until 2025
Growth
  • Sale of EUR two billion
OneTAKKT
  • EBITDA of EUR 240 million 
  • TAKKT free cash flow of EUR 150 million
Caring
  • Customer NPS of 60
  • Employee NPS of 50
  • Share of women in executive positions of 45 percent
  • Share of "enkelfähig" products of 40 percent
  • Reduction of CO2e emissions (Scope 1 and Scope 2) by 20 percent

 

 

TAKKT is aiming to use its strategic orientation and clear customer focus to increase its business volume to EUR 2 billion by 2025. A slightly larger portion of the additional sales are expected to come from organic growth and a somewhat smaller share from value-creating acquisitions. The organic growth rate is to be raised to an average of ten percent per year. In addition to 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. Starting from an EBITDA margin of around ten percent last year, the Group aims to increase its profitability by two percentage points and lift its EBITDA to EUR 240 million by 2025. 

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.