Tarkett : Q2 set to hit a low, gradual recovery ahead
>Q2 2020 preview - The second quarter is set to be necessarily hit by the full impact of the health crisis across the regions where the group is particularly present (EMEA, Russia, and North America). After a slight 2.2% dip in Q1 (-2.9% organically), we expect Q2 revenues to plunge 24% to € 599m (vs. € 787.8m). April should be the worst hit month with a 40% slump, with less sharp declines in the following months. All regions are expected to show signs of improvement ...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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