Leifheit AG

Latest Results (08.11.2025):

Leifheit AG's financial report for the first nine months of 2025 shows mixed performance amid challenging market conditions in Europe. The company recorded a decline in turnover alongside improvements in gross margin and free cash flow, while cost savings and strategic product launches helped partially offset the downward pressure on earnings. The report, which includes key figures from the third quarter of 2025, highlights both operational challenges and ongoing transformation initiatives.

Turnover Performance

For the first nine months of 2025, Leifheit AG achieved a turnover of EUR 179.0 million, marking a 10.8% decline compared to EUR 200.8 million in the same period of the previous year. This decrease was primarily driven by weaker consumer demand in core markets and strategic adjustments in the product range.

EBIT and Earnings Impact

In the third quarter of 2025, Group EBIT increased slightly to EUR 3.4 million from EUR 3.3 million in the previous year’s quarter. However, overall EBIT for the nine months fell to EUR 5.4 million from EUR 10.3 million, reflecting the adverse effects of turnover decline, negative foreign currency impacts, and special cost items from a production optimisation project.

Gross Margin and Net Result

The gross margin before special items improved modestly by 0.2 percentage points to 44.5% owing to enhanced productivity, efficiency gains, and positive product mix effects. Despite this, the net result after taxes for the nine months was EUR 3.2 million, a significant drop from EUR 6.8 million in the previous period.

Free Cash Flow Improvement

After a negative free cash flow of EUR –4.1 million in the first half of 2025, improvements were noted in the third quarter, culminating in a nine-month free cash flow of EUR 3.3 million, although this was still lower compared to EUR 14.3 million in the previous year.

Outlook for Q4 2025

Looking ahead to the fourth quarter of 2025, Leifheit AG plans targeted measures to stimulate demand in core categories and expand the market presence of the new SUPERDUSTER product, while preparing for a brand relaunch in early 2026. The Board of Management has slightly adjusted its turnover forecast for 2025, anticipating a decline of approximately 10% – 12% year-over-year, though it remains steadfast on the earnings and free cash flow forecasts.