Tarkett : Feedback from road show: caution the byword but wager on anticipated recovery – Buy(vs Neutral), target price raised to € 14 from € 11
>Opportunities for differentiation and resilient margins in H1 - At a road show (CFO, HIR) with German investors, management reviewed its positioning and differentiation factors in relation to the competitive environment. Among other things, the group insisted on the drive to develop the circular economy (reducing waste and CO2 emissions by 30% by 2030) as well as digitisation. Moreover, despite the health crisis, it is targeting opportunities in sectors such as healt...Tarkett is a global flooring company, providing a large range of flooring and sports surface solutions to business and residential end-users. Co. is organized in four segments: Europe, Middle East and Africa (“EMEA”); North America; Commonwealth of Independent States (“CIS”), Asia Pacific (“APAC”) and Latin America; and Sports Surfaces.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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