Paris -  La  Défense,  September 28,  2020  –  Based on  current  trading  and
achievements in cost reduction since the beginning of the third quarter  2020,
Tarkett estimates that  year end  results will be  above market  expectations.
Consequently, the Group updates its outlook for 2020.

Q3 2020 preliminary information

Q3 revenue still trending below last year’s level in most segments:

  + Sequential improvement in EMEA versus Q2 2020 resulting in single digit
    revenue decrease compared to last year and stable revenue growth in CIS,
    APAC & LATAM, in particular thanks to the recovery of residential
    activities;
  + North America sequentially improving versus Q2 2020 but still trading down
    double digit compared to last year as commercial is improving slowly and
    exposure to the more dynamic residential segment is lower than in other
    regions;
  + As expected, Sports revenues to decline double digits. The level and
    seasonality of Tarkett Sports’ activities have 
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NEW YORK (AP) — Stocks closed broadly lower on Wall Street Monday as markets tumbled worldwide on worries about the pandemic’s economic pain.

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The S&P 500 ended with its fourth-straight loss, though a last-hour rally helped trim its decline by more than half. Industrial, health care and financial stocks accounted for much of the selling. Technology stocks recovered from an early slide to notch a gain.

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The selling followed a slide in European stocks on the possibility of tougher restrictions to stem rising coronavirus counts.

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The losses were widespread, with almost all the stocks in the S&P 500 lower. The S&P 500 fell 38.41 points, or 1.2%, to 3,281.06.

The Dow Jones Industrial

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