Tarkett : Forthcoming CMD - target price adjusted to € 20 (vs € 18)
>The main subjects likely to be addressed: Priority to cost control? - New CEO => new strategy to be presented at the forthcoming CMD on 19 June. As management has already indicated, we expect the group to reiterate its main areas of development and provide an update on its medium-term targets (2022 plan?), even though targets set for 2020 are unlikely to be achieved (EBITDA margin target of >12%). This plan should be focused on the improvement in the group’s industri...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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