TAKKT AG, an e-commerce company, lowers 2024 guidance due to Q4 reduced profitability and one-time expenses.

TAKKT AG, an e-commerce company, reported improved performance in Q3 but anticipates reduced profitability in Q4, prompting a revision of its 2024 guidance. The adjusted EBITDA margin is now projected between 6.3% and 7.1%, down from 7.3% to 8.3%. One-time expenses are also expected to rise to €15-20 million. These adjustments reflect ongoing market challenges. The company will release its Q3 statement on October 24, 2024.

October 22, 2024
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