TAKKT AG Announces €125 Million Impairment Charge
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TAKKT AG announced non-cash impairments of approximately €125 million due to challenging market conditions in the US. The impairments affect goodwill for Cenbert, Displays2go, and National Business Furniture. This will negatively impact earnings per share but not cash flow. The equity ratio remains within the target range. The company will review its dividend policy, potentially lowering future payouts.
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