February 2014
Tarkett – All rights reserved
The Partner for
Integrated
Flooring Solutions
Contents
Tarkett Identity
Tarkett Ambition
Innovation, Design &
Operational Excellence
Commitment for Sustainability
Tarkett – All rights reserved
Tarkett in Brief
Tarkett Group Presentation – February 2014
2
Tarkett – All rights reserved
Tarkett Identity
Tarkett Group Presentation – February 2014
3
Mission
to enhance our customers’ return on investment
and quality of life every day across the world
Tarkett Group Presentation – February 2014
Tarkett – All rights reserved
We create safe, sustainable and inspiring flooring and sports
surface solutions
4
A Global Leader in Innovative Flooring
and Sports Surface Solutions
2013 Figures
€2.5bn
in 2013
EBITDA*
€310m
Artificial
Turf
Worldwide
Vinyl
Worldwide
11,000
employees
1.3
million m2
sold
per day
30
production
sites
Sales in
more than
100
countries
*adjusted EBITDA: adjustments include expenses related to restructuring,
acquisitions and non-recurring items (in particular IPO related expenses)
Tarkett Group Presentation – February 2014
Vinyl &
Wood
CIS
Countries
Accessories
North
America
Running
Tracks
North
America
Tarkett – All rights reserved
Sales
#1 Positions
5
The Most Global and Diversified
Flooring Company
BALANCED SALES
AROUND THE GLOBE
DIVERSIFIED
PRODUCT RANGE
12%
carpet
36%1
North America
10%
wood & laminate
35%
CIS & Others
7%
rubber & various
60%
vinyl &
linoleum
29%1
EMEA
As % of 2013 net sales
1Including
Sports representing 11% of Tarkett’s 2013 net sales,
of which c. 80% in North America and 20% in France, Spain and the Netherlands
Tarkett Group Presentation – February 2014
Tarkett – All rights reserved
11%
sports
6
One of the
broadest
Product
Portfolios
Flooring
Expertise
in Every
Market
Segment
Tarkett Group Presentation – February 2014
Vinyl
Wood
Carpet
Turf
Linoleum
Laminate
Rubber
Tracks
Housing
Healthcare
Retail &
Hospitality
Education
Offices
Sports
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The Broadest Expertise
for Integrated Solutions
7
A Portfolio of Leading Recognized Brands
NORTH
AMERICA
EASTERN
EUROPE
LATIN AMERICA,
ASIA & PACIFIC
SERVICES
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SPORTS
SURFACES
EUROPE, MIDDLEEAST & AFRICA
Tarkett Group Presentation – February 2014
8
Global Strengths, Local Solutions
3
30
Design
Centers
Production
sites
60
14
Sales &
Marketing
offices & HQ
Training
Centers
5
1
International
R&D Center
24
R&D and
Application
labs in 11
countries
Tarkett Group Presentation – February 2014
9
Sales in more than 100 countries
Customer
Service
Centers
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Recycling
Centers
9
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Tarkett
Ambition
Tarkett Group Presentation – February 2014
10
Tarkett Mission inspired by our Values
to deliver a unique customer experience
VALUES
MISSION
We create safe, sustainable and inspiring
flooring and sports surface solutions
to enhance our customers’ return
on investment and quality of life
every day across the world
Respect
&
Integrity
Positive
Customer
Attitude
Team
Spirit
Commitment
to the
Environment
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Empowerment
&
Accountability
Tarkett Group Presentation – February 2014
11
Tarkett Vision & Strategy
VISION
To be the global leader
in innovative flooring and sports
surface solutions that generate
value for customers
in a sustainable way
4 STRATEGIC
PILLARS
Deliver the
Ultimate
Customer
Experience
Boost Growth
with Targeted
Acquisitions
Be
Entrepreneurial
Work for the
Long Term
To grow faster
and to be more profitable
than our competitors*
* In comparable geographies or market segments
Tarkett Group Presentation – February 2014
Tarkett – All rights reserved
OBJECTIVE
12
130 Years
of Entrepreneurial Experiences in Flooring
1883
1886
1913
1972
1985
1987
1992
1994
|
|
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NAFCO
SINTELON
DOMCO PEGULAN AZROCK
SOMMER
SOMMER ALLIBERT
ALLIBERT
1997
2002
2003
TARKETT
SOMMER
TARKETT
2003
2004
2005
2007
2008
2009
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FIELDTURF
JOHNSONITE
DEFARGO
BEYNON
FADEMAC
ATLAS
TARKETT
ASPEN
2010
2011
|
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CENTIVA
MARTY
EASYTURF
AASPORTSMET
SYSTEM
POLIGRAS
TARKETT
RHINOFLOOR FC SHANGAI
2012
2013
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TANDUS
A successful trio
with the two principal
shareholders
(Deconinck Family
and KKR) and the
Management
2007 / 2013: An original
structure combining a 3rd
generation entrepreneurial
culture and the know-how
of a recognized
financial investor.
November 2013:
Success of Tarkett IPO
Deconinck Family (50.1%)
KKR* (21.5%)
Other shareholders (~26%)
Management & Employees (~2%)
*International Flooring 2 S.àr.l., a limited liability company owned
by funds managed or advised by Kohlberg Kravis Roberts & Co. L.P.
Tarkett Group Presentation – February 2014
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TARKETT
13
Tarkett Executive Committee
A truly international team driven
by entrepreneurial leadership and customer focus
Sports
(WW)
North
America
Europe,
Middle East
& Africa
Eastern
Europe
LATAM
& APAC Areas
Supervised
by Michel Giannuzzi
Eric Daliere
Jeff Buttitta
Remco Teulings
Slavoljub Martinovic
CFO
Human
Resources
Research,
Innovation &
Environment
Operations
Legal
Fabrice Barthélemy
Vincent Lecerf
Anne-Christine Ayed
Antoine Prévost
Stéphanie Couture
Michel Giannuzzi
Tarkett Group Presentation – February 2014
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Chief
Executive
Officer
14
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Innovation,
Design &
Operational
Excellence
Tarkett Group Presentation – February 2014
15
Innovation, Driving Sustainable Growth
ECO-INNOVATION
PROCESS EXCELLENCE
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MODULARITY
Tarkett Group Presentation – February 2014
16
Research & Innovation at Tarkett
Customer
&
Market
Intimacy
24
150
2011
BFM GREEN
BUSINESS
AWARD
9
Regional centers
and application
labs in
11 countries
People in R&D
and innovation
1
International
Research &
Innovation Center
Tarkett Group Presentation – February 2014
DEVELOPMENT
TROPHY
10
Key technologies
managed
by the Tarkett
expertise network
2012
STRATEGIC
Prestigious
Partnerships
162
Patents
2013
BEST
INNOVATOR
R&D partnerships
10
Tarkett members
& external experts
for the Scientific
Council
2013
SUSTAINABLE
INNOVATION
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Creativity
&
Innovation
Process
17
Expand through innovation
Focus on product innovation and improvement
Modularity & Design
Eco-innovation
Technology & Performance
Low VOC emissions
LVT
iSelect
New MET fibre (Optimum)
New generation of
vinyl flooring with
phthalate-free
plasticizers technology
VOC emissions of
Tarkett’s products
significantly lower
than current
standards
Invest and innovate in
the modular flooring
market
Flooring Solutions
customised to
consumer life-style
(selection and
coordination of design)
Own inhouse fibre production
and innovation capabilities
ramp-up
iQ natural
Cradle to Cradle
Modular solutions
Landscaping
Artificial Turf
First PVC flooring
made of recyclable,
natural and renewable
raw materials
Deployment of this
environmental and
close-loop approach
at each step of
product life.
More flexibility in
design and floor
characteristics
Range of Easy Turf
products introduced in
2013 to boost
landscaping activities
CoolPlay Turf System recently
launched by FieldTurf, to
control temperature offering
more comfort to players
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Phthalate-free
Tarkett Group Presentation – February 2014
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Design for Tomorrow’s
Customer Well Being
TARKETT OBSERVER
Identify major trends in architecture and design
Well-being
3
INTERACTIVE SPACE
Regional
Design Centers
Encouraging interaction
60
People in
Design
EXPERIENCE
Sense of surprise
Tarkett Group Presentation – February 2014
GREEN VALUE
Good and recycled materials
 Understanding and
anticipating local
trends & tastes
 Cutting edge design
 Frequent renewal of
collections
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HUMAN INSIDE
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Operational Excellence
Improve Safety
and
Environment
WCM deployed in 26 plants (2012)
 94% of plants ISO 9001
 84% of plants ISO 14001
 SAP core system deployed
Tarkett Group Presentation – February 2014
Increase
Customer
Satisfaction
by Better
Quality
Safety
 28% of progress reducing lost time
accident frequency rate in 2013 vs 2012*
*2012 Figures excluding Tandus
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Generate
Process
Excellence
&
Competitiveness
20
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Commitment
for
Sustainability
Tarkett Group Presentation – February 2014
21
Corporate Sustainability
Our growth strategy is inspired by our vision of sustainability,
combining the three dimensions of People, Planet and Profit
Michel Giannuzzi, Chief Executive Officer
SOCIAL
RESPONSIBILITY
ENVIRONMENTAL
RESPONSIBILITY
Tarkett – All rights reserved
In association with:
CORPORATE
GOVERNANCE
Tarkett Group Presentation – February 2014
22
Corporate Sustainability,
Backbone of our Growth
Building a circular and responsible economy
aiming at repeatedly reusing materials
for a positive contribution to people and the planet
SOCIAL
RESPONSIBILITY
Design products for reuse
according to Cradle to Cradle
principles and with a minimized
impact on the environment.
Be a great place to work
and a company well integrated
in local communities.
CORPORATE
GOVERNANCE
Establish and assure robust corporate
governance to manage risks, ensure ethics and
long-term profitability.
Tarkett Group Presentation – February 2014
Tarkett – All rights reserved
ENVIRONMENTAL
RESPONSIBILITY
23
Environmental Responsibility
 Eco-design products for reuse according to Cradle to Cradle principles
Contribute positively to the environment and people well-being
at each step of the product life-cycle
Good Materials
The choice of materials that are
safe for people and the
environment and that can enter
into a technical or biological
cycle
Resource
Stewardship
The responsible use of
resources in our operations.
The recycling at end-of-use
to eliminate waste and to
design new products with
good materials.
Tarkett Group Presentation – February 2014
People Friendly Spaces
The well-being and health of the
people during product use and
maintenance.
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Reuse
24
Environmental Responsibility
●C2C® certifications: linoleum, wood,
rubber product ranges and artificial turf
●Post-used materials for Ethos carpet backing
●Rapidly renewable materials: linseed oil,
cork, fast growing wood species, walnut shells
●Certified carpet flooring
reclamation center
●An industry reference for VOC
●New generation of vinyl flooring
emissions reduction contributing
with phthalate-free plasticizers
to better indoor air quality: VOC levels
technology
from very low emissions to
in NA and Europe (2014)
undetectable
Tarkett Group Presentation – February 2014
Reduction (2010/2013) of:
●Water consumption via close-loop
circuits (-12%)
●Energy consumption (-10%)
●Waste sent to landfill (-37%)
●FiberFloor, iQ Natural and indoor
sport products certified “asthma &
allergy friendly” in North America
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●Collection and recycling circuits
for post-installation and postconsumer products:
17 400t (NA, EU)
Retailers like Wal-Mart and Academy
recycle their post-use floors through
ReStart program (USA)
25
Social Responsibility
Proactive
communication
and social
dialogue
Safety, respect
and integrity:
no compromise!
Employee Feedback Survey
Tarkett – All rights reserved
Talent
development
Involvement
with local
communities,
supporting
“well-being”
initiatives
Tarkett Group Presentation – February 2014
26
Corporate Governance
Robust
and
transparent
corporate
supervision
Uncompromised
business ethics
Strong support
and
commitment
of our
shareholders
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Risk
management:
identify,
assess, limit
and control
Tarkett Group Presentation – February 2014
27
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Tarkett
in Brief
Tarkett Group Presentation – February 2014
28
A leader in
innovative and
sustainable
flooring and
sports surface
solutions
The most global
flooring
company
The broadest
expertise and
product ranges
for integrated
solutions
Strongly
committed to
environmental
& social
responsibility
and corporate
governance
Solid financial
position,
balanced
geographic
& profitable
performance
Committed
teams and expert
talents source
of excellence
and sustainable
growth
Tarkett Group Presentation – February 2014
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Tarkett in Brief
29