EQS-Adhoc: Leifheit Aktiengesellschaft: Preliminary business figures for the first half of 2025 and Forecast

Leifheit Aktiengesellschaft: Preliminary business figures for the first half of 2025 and Forecast

• Group turnover development negatively impacted by weak consumer sentiment
• Group EBIT in the second quarter of 2025 affected by turnover decline, one-off costs for a strategic optimization project and by foreign currency result
• Turnover and earnings forecast for the full year 2025 adjusted

Nassau (Germany), 14 July 2025 – According to preliminary calculations, Leifheit AG (ISIN DE0006464506), has achieved Group earnings before interest and taxes (EBIT) of EUR 2.0 million in the first half of 2025 (H1 2024: EUR 7.0 million). Group EBIT was significantly impacted by lower contribution margins from the turnover development, one-off costs of approximately EUR 1.8 million for the relocation of the injection moulding production as well as a decrease in foreign currency results by EUR 0.6 million. Group EBIT in the second quarter 2025 reached EUR –1.1 million (Q2 2024: EUR 3.6 million).

The Leifheit Group achieved a turnover of EUR 123.4 million in the first half of 2025, falling short of the previous year’s figure by 8.6% (H1 2024: EUR 135.0 million). Group turnover was negatively impacted by the weak consumer sentiment and consumption restraint, particularly in non-food categories in key European markets, as well as by strategic adjustments to the product range and the insolvency of a major trade customer.

Activities initiated to stimulate demand for Leifheit products show positive effects, but high inventories in retail are delaying repeat orders. This effect will remain clearly noticeable in the coming months. In particular, the Management Board expects that the consumption restraint in the non-food categories will continue in the second half of the year, particularly in the traditional distribution channels.

On the other hand, turnover momentum is emerging – in addition to the activities already initiated – from the successful launch of the ‘Superduster’ product innovation in the highest-volume mechanical cleaning segment in July, as well as from the dynamic development of the direct-to-consumer (D2C) business. The implemented measures to reduce costs and increase efficiency, particularly the relocation of the injection moulding division, will have a positive impact on earnings development in the second half of the year.

Based on these developments and the preliminary figures for the first half of 2025, the Management Board of Leifheit AG has reassessed the expectations for the full year 2025. The Board of Management now expects a year-on-year decline in Group turnover by approximately 5% to 8% and a Group EBIT between EUR 9 million and EUR 11 million for the full year 2025. The forecasted Group earnings include one-off costs of approximately EUR 3 million for the strategic optimization project in production. Most recently, a Group turnover slightly below the previous year’s level (2024: EUR 259.2 million) and a Group EBIT approximately at the previous year’s level (2024: EUR 12.1 million) had been expected.

The information on the development of the first half of 2025 is based on preliminary calculations. Therefore, there may be deviations from this information in the figures that will be published in the half-year financial report on 7 August 2025 at https://www.leifheit-group.com/en/investor-relations/reports-and-presentations/.