EQS-Adhoc: Leifheit Aktiengesellschaft: Preliminary earnings before interest and taxes (EBIT) and free cash flow in H1 2024 significantly above previous year’s figures, forecast for full year 2024 raised
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EQS-Ad-hoc: Leifheit Aktiengesellschaft / Key word(s): Half Year Results/Change in Forecast Leifheit AG: Preliminary earnings before interest and taxes (EBIT) and free cash flow in H1 2024 significantly above previous year’s figures, forecast for full year 2024 raised Nassau (Germany), 15 July 2024 - Leifheit AG (ISIN DE0006464506) has further improved its profitability and, according to preliminary calculations, expects Group earnings before interest and taxes (EBIT) of EUR 7.0 million in the first half of 2024. This represents an increase of around 48% compared to the previous year’s figure (H1 2023: EUR 4.8 million). Group EBIT was mainly affected by the improvement in gross margin, positive product mix effects and increases in productivity and efficiency. This was contrasted by one-off effects due to organizational changes in sales and marketing. The Leifheit Group achieved turnover of EUR 135.0 million in the first half of 2024 (H1 2023: EUR 138.1 million) and a free cash flow of EUR 9.9 million (H1 2023: EUR 7.6 million). Based on the preliminary figures of the first half of 2024 the Management Board has reassessed the expectations for the full year 2024 today. The Management Board raises the earnings forecast – despite anticipated burdens from increased container freight rates in the second half of the year – and expects now Group earnings before interest and taxes (EBIT) in the range of EUR 11 million to EUR 13 million in the financial year 2024. Previously a Group EBIT in the range of EUR 10 million to EUR 12 million was expected. At the same time, with an expectedly stronger second half of the year, the Management Board continues to anticipate slight turnover growth in the Leifheit Group. On this basis and in the light of planned investments in production efficiency in the second half of the year, the Management Board now estimates a free cash flow of around EUR 12 million for the full year 2024, after the previously forecast figure of around EUR 10 million. The information on the development of the first half of 2024 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 8 August 2024 at https://www.leifheit-group.com/en/investor-relations/reports-and-presentations/. Contact: Leifheit AG Petra Dombrowsky Executive Assistant/CIRO D-56377 Nassau ir@leifheit.com +49 2604 977218 End of Inside Information
15-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Leifheit Aktiengesellschaft |
| Leifheitstraße 1 | |
| 56377 Nassau | |
| Germany | |
| Phone: | 02604 977-0 |
| Fax: | 02604 977-340 |
| E-mail: | ir@leifheit.com |
| Internet: | www.leifheit-group.com |
| ISIN: | DE0006464506 |
| WKN: | 646450 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1946481 |
| End of Announcement | EQS News Service |
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1946481 15-Jul-2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
| Sales1 | 234,20 | 234,04 | 271,60 | 288,32 | 251,52 | 258,29 | 263,00 | |
| EBITDA1,2 | 20,01 | 18,10 | 27,30 | 27,89 | 10,28 | 15,00 | 20,10 | |
| EBITDA-Margin3 | 8,54 | 7,73 | 10,05 | 9,67 | 4,09 | 5,81 | 7,64 | |
| EBIT1,4 | 13,06 | 9,88 | 18,78 | 20,07 | 2,77 | 6,02 | 11,20 | |
| EBIT-Margin5 | 5,58 | 4,22 | 6,92 | 6,96 | 1,10 | 2,33 | 4,26 | |
| Net Profit (Loss)1 | 8,41 | 5,83 | 12,53 | 14,18 | 1,21 | 3,20 | 6,80 | |
| Net-Margin6 | 3,59 | 2,49 | 4,61 | 4,92 | 0,48 | 1,24 | 2,59 | |
| Cashflow1,7 | 10,19 | 15,89 | 4,03 | 16,44 | 14,02 | 20,78 | 17,00 | |
| Earnings per share8 | 0,88 | 0,61 | 1,32 | 1,49 | 0,13 | 0,34 | 0,65 | |
| Dividend per share8 | 1,05 | 0,55 | 1,05 | 1,05 | 0,70 | 1,05 | 0,95 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: KPMG
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| Leifheit | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| 646450 | DE0006464506 | AG | 161,00 Mio € | 03.10.1984 | Kaufen | 9F298R63+46 |
| PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 13,76 | 27,19 | 0,51 | 16,41 | 1,72 | 7,75 | 0,62 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 0,70 | 1,05 | 0,95 | 5,90% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 28.05.2025 | 07.05.2025 | 07.08.2025 | 12.11.2024 | 09.04.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -2,86% | -3,33% | -0,92% | -0,92% | +109,91% |
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