Leifheit AG

LEI

Equity

ISIN DE0006464506 / Valor 339919

Xetra (2024-12-11)

EUR 16.20-2.11%

Leifheit AG
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Leifheit AG is a prominent European household products provider with a strong presence in cleaning, laundry care, kitchen goods, and wellbeing. With over 60 years of experience in the industry, the company has established itself as a leader in the market. Employing approximately 1,100 individuals, Leifheit AG continues to innovate and offer high-quality products to meet the needs of consumers in various household categories.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Revenue Performance

Leifheit AG reported a consolidated revenue of €135.0 million for the first half of 2024, which is slightly below the previous year's figure. The company experienced noticeable catch-up effects in the second quarter and anticipates further positive revenue impulses in the latter half of the year through targeted advertising activities and distribution expansion in key European markets.

Profitability Improvement

Leifheit AG significantly improved its profitability in the first half of 2024, with the EBIT (Earnings Before Interest and Taxes) increasing by 47.5% to €7.0 million. This improvement was driven by enhancements in the gross margin, positive product mix effects, and productivity and efficiency gains.

Free Cashflow Growth

The free cashflow of Leifheit AG rose by 29.5% to €9.9 million in the first half of 2024. This increase was attributed to improvements in working capital. The company now expects a free cashflow of approximately €12 million for the entire year of 2024, considering planned investments in manufacturing efficiency in the second half of the year.

EBT and Net Income

Leifheit AG's earnings before taxes (EBT) surged by 69.7% to €6.7 million in the first half of 2024. The net income for the period also saw a significant increase of 78.0%, reaching €4.7 million. This robust performance underscores the effectiveness of the company's new holistic strategy focused on profitable growth and cost efficiency.

Dividend and EPS

Leifheit AG's earnings per share (EPS) increased by 78.6% to €0.50 in the first half of 2024. This substantial rise in EPS reflects the company's improved profitability and efficient cost management. The company remains committed to delivering value to its shareholders through consistent financial performance.

Summarized from source with an LLMView Source

Key figures

7.64%1Y

-47.6%3Y

-33.2%5Y

Performance

38.3%1Y

39.1%3Y

37.7%5Y

Volatility