Tarkett has a €1.5bn market cap. It is the third largest manufacturer of flooring and sports surfaces (namely “Resilient” but the clear leader when considering the broad portfolio of products and geographical reach. Thanks to its high exposure to the renovation market (c.80% of sales in sqm), the company remains fairly resilient to the construction cycle. On the negative side, the company is absent from the residential carpet and the ceramic markets, which reduces its potenti
20 Jan 2016
Low oil price environment should allow Tarkett to improve its financial performance
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Low oil price environment should allow Tarkett to improve its financial performance
Tarkett SA (TKTT:PAR) | 0 0 0.6% | Mkt Cap: 1,879m
- Published:
20 Jan 2016 -
Author:
Felix Brunotte -
Pages:
2
Tarkett has a €1.5bn market cap. It is the third largest manufacturer of flooring and sports surfaces (namely “Resilient” but the clear leader when considering the broad portfolio of products and geographical reach. Thanks to its high exposure to the renovation market (c.80% of sales in sqm), the company remains fairly resilient to the construction cycle. On the negative side, the company is absent from the residential carpet and the ceramic markets, which reduces its potenti