Tarkett posted a clearly disappointing performance and there was a somewhat blurred picture concerning free cash flow generation due to factoring, the amount of which is not disclosed in the presentation. Following the conference call and a deeper look into the financial numbers, we estimate the decrease in our target price to be in the range of 7-15%.
24 Jul 2019
H1 19: a disappointing performance and blurred picture due to factoring
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H1 19: a disappointing performance and blurred picture due to factoring
Tarkett SA (TKTT:PAR) | 0 0 0.6% | Mkt Cap: 1,879m
- Published:
24 Jul 2019 -
Author:
Felix Brunotte -
Pages:
3
Tarkett posted a clearly disappointing performance and there was a somewhat blurred picture concerning free cash flow generation due to factoring, the amount of which is not disclosed in the presentation. Following the conference call and a deeper look into the financial numbers, we estimate the decrease in our target price to be in the range of 7-15%.