Tarkett remains a value creating company (ROCE at the WACC level). In 2017, it suffered from raw material price increases and the dollar depreciation against the euro. These headwinds will persist in 2018, against which the company will offset their effect through price increases. The development in North America is key for next year’s performance: should both Shaw and Mohawk pursue a volume strategy, this will put a downward risk on our forecasts for Tarkett.
14 Feb 2018
FY17 results: we expect -15% EPS growth in 2018
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FY17 results: we expect -15% EPS growth in 2018
Tarkett SA (TKTT:PAR) | 0 0 0.6% | Mkt Cap: 1,879m
- Published:
14 Feb 2018 -
Author:
Felix Brunotte -
Pages:
3
Tarkett remains a value creating company (ROCE at the WACC level). In 2017, it suffered from raw material price increases and the dollar depreciation against the euro. These headwinds will persist in 2018, against which the company will offset their effect through price increases. The development in North America is key for next year’s performance: should both Shaw and Mohawk pursue a volume strategy, this will put a downward risk on our forecasts for Tarkett.