Tarkett SA (XPAR:TKTT)
€ 10.55 -0.4 (-3.65%) Market Cap: 691.36 Mil Enterprise Value: 1.30 Bil PE Ratio: 20.13 PB Ratio: 0.78 GF Score: 79/100

Q4 2019 Tarkett SA Guidance Call Transcript

Dec 05, 2019 / 05:30PM GMT
Release Date Price: €13.7 (+2.24%)
Fabrice BarthÃ;lemy
Tarkett S.A. - Chairman of Management Board & CEO

© -

Good afternoon, everyone. This is Fabrice Barthélemy speaking. Thank you for joining us on this call. Tonight, I am with Raphaël Bauer, our CFO.

As you know, we've just issued a press release to update you on our Q4 trading results in North America and the consequences for the group EBITDA. So what I would like tonight is to take you through what led us to hold this call today.

As we stated in our Q3 earnings release, we expected that the activity in Q4 in North America would be affected by the go-live of our group ERP system, which is SAP, in the commercial carpet business unit.

So maybe one word on that system. It's a group standard that is actually operated worldwide in the flooring business. And that's also operated in the rest of our businesses in North America, except the newly acquired Lexmark. So we've done many of this SAP project. But this time, we faced a much slower ramp-up of production and shipments after the go-live than we had previously experienced including with

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot