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TAKKT implements further capacity and cost adjustment measures due to continuing decline in demand

TAKKT AG / Development of Sales

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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The strong business decline in the fourth quarter of 2008 caused by the
global financial and economic crisis has continued in the beginning of 2009
at TAKKT. On the basis of the figures for the months of January and
February turnover of the Group has declined organically by about 30 percent
compared to the respective figures of the prior year. The Management Board
does not expect any change in this trend during the last month of the first
quarter.

The speed and the degree of the decline have lead to the fact that flexible
instruments such as working hour accounts and variable compensation schemes
are no longer sufficient to absorb the effects of this business decline.
Therefore - as already communicated mid February - TAKKT is implementing
further measures to adjust capacities and costs. Short-time working - which
already has been introduced at several sites in Germany since the beginning
of March - is one of these instruments.

Due to the solid business model of TAKKT, the profitability of the Group
and the implementation of the expansion plans for 2009 are not at risk even
at the current weak turnover levels.

The Management Board will provide a more detailed outlook for 2009 at the
financial statements press conference on 25 March 2009.


Contact:
Georg Gayer, CEO
T +49 711 34658-201
Dr Florian Funck, CFO
T +49 711 34658-207
E-mail: investor@takkt.de 


06.03.2009  Financial News transmitted by DGAP
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Language:     English
Issuer:       TAKKT AG
              Presselstr. 12
              70191 Stuttgart
              Deutschland
Phone:        +49 (0)711 346 58 -0
Fax:          +49 (0)711 346 58 - 10
E-mail:       investor@takkt.de
Internet:     www.takkt.de
ISIN:         DE0007446007
WKN:          744600
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
              Freiverkehr in Berlin, Düsseldorf, München
 
End of News                                     DGAP News-Service
 
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Your Contact

Michael Loch
Michael Loch
Head of Investor Relations
michael.loch(at)takkt.de
Tel: +49 711 3465-8222