Investor & Analyst Meeting
11 August 2021
Disclaimer
This presentation contains forward-looking statements which are based on the management's current estimates with regard to future developments. Such statements are subject to risks and uncertainties which are beyond Leifheit's ability to control or estimate precisely, such as statements on the future market environment and economic conditions, the behavior of other market participants and government measures.
If one of these uncertain or unforeseeable factors occurs or the assumptions on which these statements are based prove inaccurate, actual results could differ materially from the results cited explicitly or contained implicitly in these statements. Leifheit neither intends to, nor does it accept any specific obligation to update forward-looking statements to reflect events or developments after the date of this presentation.
Leifheit AG shall not assume any warranty for the information provided in this presentation being up-to-date, accurate, complete or of good quality or for the suitability of the information for specific purposes.
Any liability of Leifheit AG for loss caused by the use or non-use of the information provided or by wrong or incomplete information is excluded.
Analyst meeting | August 2021 | 2 |
Executive Summary H1 2021
Analyst meeting
Group turnover up 20% vs last year
Germany turnover up > 30% vs last year
Soehnle: first time with TV advertising. Turnover up > 20% vs last year
EBIT up 55% vs last year
Gross margin slightly down from 44.1% to 43.9%
Free cash flow soaring to € EUR 10 m
August 2021 | 3 |
Good H1 2021 - but effects of COVID-19 pandemic continue to be noticeable
Good business performance in H1 2021
- Successful TV campaigns for Leifheit and Soehnle
- Fast growth in online retail compensates Covid-19 closures of brick & mortar retail
Nevertheless, effects of COVID-19 pandemic still clearly noticeable
- Ongoing shortage of raw materials and low availability of cargo space
- Significant rise in steel and plastic prices
- Tense situation in the sea fright sector
- Pandemic-relatedcost increases at Czech plant
Forecast 2021 unchanged: further turnover and EBIT increase despite COVID-19
- Group turnover increase of at least 5%
- Household up at least 6%, Wellbeing up at least 7%, Private Label slightly above level of 2020
- EBIT between € 20 m and € 24 m
- Free cash flow between € 10 m and € 14 m
Analyst meeting | August 2021 | 4 |
Leifheit makes top quality household products, designed in Germany
Profi Floor Wiper | CLEAN TWIST | Pegasus 150 | Linomatic 500 Deluxe |
4.7 stars | 4.6 stars | 4.6 stars | 4.5 stars |
Analyst meeting | August 2021 | 5 |
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Leifheit AG published this content on 11 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2021 12:05:15 UTC.