Tarkett : Feedback from the CMD – A self-help strategy – Target price € 23 (vs € 20)
>Plan mainly based on organic growth and cost reductions - At the capital markets day, the management presented the four main pillars of its strategy and its new targets out to 2022. The targets in our view reflect a macroeconomic environment offering modest growth prospects and a major cost reduction programme. It is first and foremost a self-help strategic plan.Among the main pillars, the management first announced its goal of positioning the group on the most ...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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