Leifheit Aktiengesellschaft (LEI.F)
- EQS Group
Leifheit Aktiengesellschaft: Annual General Meeting approves dividend of EUR 1.05 per share
DGAP-News: Leifheit Aktiengesellschaft / Key word(s): AGM/EGM02.06.2021 / 13:37 The issuer is solely responsible for the content of this announcement. - All agenda items approved by a large majority - Dividend per share increased from EUR 0.55 in 2020 to EUR 1.05 in 2021- Strong first quarter of 2021, with a 25.5% increase in turnover and an EBIT growth of 96.0% compared to the first quarter of the previous year Nassau, 2 June 2021 - Leifheit AG (ISIN DE0006464506), one of the leading brand supp
- EQS Group
Leifheit Aktiengesellschaft: Leifheit AG off to a successful start to the financial year 2021
DGAP-News: Leifheit Aktiengesellschaft / Key word(s): Quarterly / Interim Statement/Quarter Results11.05.2021 / 09:20 The issuer is solely responsible for the content of this announcement.Leifheit AG off to a successful start to the financial year 2021 Group turnover increased by 25.5% to EUR 86.2 million in the first quarter Positive trend in Germany continued with turnover growth of 38.3% First TV campaign for the Soehnle brand sees turnover growth of 52% in scales Group EBIT almost doubled year-on-year at EUR 8.3 million Forecast for 2021 remains unchanged: Group turnover growth of at least 5%, EBIT between EUR 20 million and EUR 24 million expectedNassau, 11 May 2021 - Leifheit AG (ISIN DE0006464506), one of the leading brand suppliers of household products in Europe, continued its growth course in the first quarter of the financial year 2021, achieving significant increases in turnover and earnings. The Leifheit Group was able to almost double its earnings before interest and taxes (EBIT) year-on-year in the first three months of 2021 from EUR 4.3 million to EUR 8.3 million. Less taxes, this equalled a net result for the period of EUR 5.8 million in the first quarter of 2021 (previous year: EUR 2.9 million).The increase in the gross margin and the substantial turnover growth of 25.5% in the first quarter of 2021 were the main contributors to the improved result. Group turnover increased to EUR 86.2 million (previous year: EUR 68.7 million). The very strong turnover growth of 38.3% in its German domestic market along with the 24.3% increase in turnover in central Europe made significant contributions. In particular, the Group achieved considerable gains in France and Italy with turnover growth of 53.8% and 45.9%. There was also significant turnover growth of 30.6% in Austria as a result of the expanded distribution network. Turnover in the Eastern Europe sales region decreased slightly in the first three months. However, double-digit growth was achieved in important markets in the region. Turnover in the Czech Republic, for example, grew by 24.4% and by 21.9% in Romania.Henner Rinsche, Chairman of the Board of Management of Leifheit AG, is satisfied with the business development at the beginning of the year: "Despite the ongoing challenges of the market environment, we made a good start to financial year 2021. In the course of our Scaling up Success growth strategy, we invested increasingly in consumer advertising during the first quarter. For the first time, the Soehnle brand was advertised on television. With great success: turnover for Soehnle scales has increased by approximately 52%, which led to a significant turnover growth of 27.5% in the Wellbeing segment. The campaign focused on the Style Sense Safe 300 personal scales which received a 'very good' test rating from the 'Haus & Garten Test' magazine. In response to the pandemic, consumers have also shown a greater demand for floor cleaning and air purification products as well as kitchen accessories."In the Household segment, the Leifheit Group generated turnover growth of 22.5% to EUR 69.7 million (previous year: EUR 56.9 million) in the first quarter of 2021. As result, 80.9% of the Group turnover were generated in the Household segment (previous year: 82.9%). All product categories contributed to the strong performance with double-digit growth rates. In the kitchen and cleaning categories, Leifheit benefited from TV advertising for cleaning products and changes in consumer behaviour caused by the pandemic.In the Wellbeing segment with the Soehnle Brand, the Leifheit Group generated turnover of EUR 7.9 million (previous year: EUR 6.2 million), reflecting significant growth of 27.5% compared to the first quarter of the previous year. In addition to the strong growth with Soehnle scales, the strong demand for Soehnle air purifiers also contributed to the segment's positive turnover development. The range of air purifiers was expanded in the first quarter with the addition of the Soehnle Airfresh Clean 400, which recently finished first in a test conducted by the "Haus & Garten Test" magazine. The air purifier filters out 99.95%1 of particles such as allergens, viruses and pollutants through its high-performance four-stage cleaning system, HEPA filter and UV-C light. This product innovation already made a positive contribution to turnover. All in all, the Leifheit Group was able to almost double turnover in the air product group.In the Private Label segment, which mainly comprises sales of private-label brands by the French subsidiaries Birambeau and Herby, turnover increased to EUR 8.6 million (previous year: EUR 5.6 million). This represents an increase of 53.6% year-on-year.Discussing the implementation of the growth strategy during the current financial year, Henner Rinsche explains: "We will continue to bring selected products into the focus of consumers that have been awarded 'very good' test ratings on account of their excellent quality through extensive TV activities. For example, these include Leifheit rotary dryers, which recorded their most successful first quarter in the company's history in terms of turnover and sales. The Linomatic 600 Deluxe Cover rotary dryer also provided additional impetus. As the winner of a 'Meine Gartenwelt' magazine test, it was rated 'very good'. In addition, the Regulus Aqua PowerVac cordless vacuum wiper will also be seen on TV. We have significantly increased our market shares in this strongly growing market in recent months."The Leifheit Group continues to face challenges in the supply chain, production and logistics due to the pandemic. At the same time, ongoing restrictions and closures of key trade channels remain a factor, so that the impact of the pandemic on the business activities of the Leifheit Group remain difficult to assess. Also in view of the fact that the earnings performance in the first quarter of 2021 has exceeded the original expectations, the Board of Management therefore continues to expect Group turnover growth of at least 5% year-on-year as well as a Group EBIT of between EUR 20 million and EUR 24 million.Further information can be found in the quarterly statement for the period ending 31 March 2021, available at financial-reports.leifheit-group.com.About LeifheitLeifheit AG, founded in 1959, is one of the leading European brand suppliers of household items. The Leifheit Group divides its operating business into the Household, Wellbeing and Private Label segments. Leifheit and Soehnle products - two of Germany's best-known household brands - are known for high quality and great utility for consumers. Its French subsidiaries Birambeau and Herby are active in the service-oriented Private Label segment with a selected product range. In each segment, the company focuses on its core product categories of cleaning, laundry care, kitchen goods and wellbeing. The Leifheit Group employs some 1,100 people. More information on Leifheit is available online at www.leifheit-group.com, www.leifheit.de and www.soehnle.de.1 Efficiency of particle filter material tested externally in accordance with EN 1822. HEPA H13 filter material used. Aerosol removal tested by the Institute of Fluid Mechanics and Aerodynamics at the Universität der Bundeswehr München; with aerosol particles (Ø 0.4 µm) in a room with a capacity of approximately 60 m³ at performance level 4. Contact:Leifheit AGD-56377 Nassauir@leifheit.com+49 2604 97721811.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de 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: 1194874 End of News DGAP News Service
- EQS Group
Leifheit Aktiengesellschaft: Marco Keul appointed as Chief Financial Officer
DGAP-News: Leifheit Aktiengesellschaft / Key word(s): Personnel21.04.2021 / 13:30 The issuer is solely responsible for the content of this announcement.Leifheit Aktiengesellschaft: Marco Keul appointed as Chief Financial OfficerNassau, 21 April 2021 - The Supervisory Board of Leifheit AG (ISIN DE0006464506) has appointed Marco Keul as a member of the Board of Management and Chief Financial Officer (CFO) effective by 1st May 2021. He will take over the CFO function from Henner Rinsche (Chairman of the Board, CEO) who held it since April 2020 in dual role. As a result, the Management Board of Leifheit AG once again consists of three members.As a board member, Marco Keul (38) will be responsible for the finance, controlling, IT/business processes and internal sales service departments, which he previously headed as Vice President Finance since April 2020. Prior to that, he was head of Group controlling since 2012. He started his professional career in the controlling department of Leifheit AG, at the same time, he completed a business degree."We are pleased that we have been able to win an experienced Leifheit Manager as CFO, who knows all company areas very well and who has excellent professional and personal credentials to continue driving the successful growth strategy together with Mr. Rinsche and Mr. Iraeta Munduate in the Management Board", says Dr Günter Blaschke, Chairman of the Supervisory Board of Leifheit AG.Marco Keul, Leifheit AGAbout LeifheitLeifheit AG, founded in 1959, is one of the leading European brand suppliers of household items. The Leifheit Group divides its operating business into the Household, Wellbeing and Private Label segments. Leifheit and Soehnle products - two of Germany's best-known household brands - are known for high quality and great utility for consumers. Its French subsidiaries Birambeau and Herby are active in the service-oriented Private Label segment with a selected product range. In each segment, the company focuses on its core product categories of cleaning, laundry care, kitchen goods and wellbeing. The Leifheit Group employs some 1,100 people. More information on Leifheit is available online at www.leifheit-group.com, www.leifheit.de and www.soehnle.de.Contact:Leifheit AGD-56377 Nassauir@leifheit.com+49 2604 97721821.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de 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: 1187207 End of News DGAP News Service
