TAKKT AG (XTRA:TTK) is looking for M&A. Lars Bolscho, Chief Financial Officer said, "Due to the strong cash flow generation, I just talked about that, our net financial liabilities are expected to decrease further until end of this year unless we would be able to pursue an attractive M&A opportunity. The equity ratio is at 61.7%, and with that still above our target corridor. So we have a strong position, allowing us to continue our share buyback program, allowing us to look for attractive M&A and also allowing us to continue our dividend strategy".
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+14.91% | 276M | |
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