TAKKT AG (TTK.F)

12.92 0.00 (0.00%) As of 08:01AM CEST. Market open.

TAKKT AG

Presselstrasse 12
Stuttgart 70191
Germany
49 711 3465 80
https://www.takkt.de

Sector(s): Industrials
Industry: Business Equipment & Supplies
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Maria Zesch	CEO & Chairman of the Management Board	865k	N/A	1973
Mr. Lars Bolscho	CFO & Member of Management Board	306k	N/A	1978
Michael Loch	Head of Investor Relations	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

TAKKT AG operates as a B2B direct marketing company for business equipment in Germany, the rest of Europe, and the United States, and internationally. The company operates in three segments: Industrial & Packaging, Office Furniture & Displays, and FoodService. The Industrial & Packaging segment offers pallet lifting trucks and swivel chairs; special-purpose products, including environmental cabinets and containers for hazardous materials, as well as collapsible boxes, package paddings, shipping pallets, and stretch films under the kaiserkraft name; shipping packaging products under the ratioform brand; and a wide range of office furniture and business equipment under the BiGDUG and OfficeFurnitureOnline names. The Office Furniture & Displays segment provides office equipment, including office chairs and desks, conference tables and furniture for reception areas under the National Business Furniture (NBF) and OfficeFurniture.com brands; and advertising banners, digital display stands, mobile trade booths, and fixtures under the Displays2Go's and Mydisplays brands. The FoodService segment offers meal and food preparation and presentation products, such as pots, pans, ice machines, and deep fryers for hotels, restaurants, and catering establishments. This segment also provides buffet equipment, including serving platters and food baskets under the Hubert brand; various equipment and supplies required for the operation of small to mid-sized restaurants comprising kitchen stoves and freezers under the Central brand; and foodservice supplies under the XXLhoreca name. The company offers its products through catalogs, web shops, and telesales. TAKKT AG was founded in 1945 and is headquartered in Stuttgart, Germany.

Corporate governance

TAKKT AG’s ISS governance QualityScore as of 1 May 2024 is 8. The pillar scores are Audit: 8; Board: 7; Shareholder rights: 6; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.