15.07.2020 Leifheit Aktiengesellschaft  DE0006464506

DGAP-Adhoc: Leifheit Aktiengesellschaft: Strong rise in earnings in the second quarter, forecast 2020 with significant turnover and earnings growth


 

DGAP-Ad-hoc: Leifheit Aktiengesellschaft / Key word(s): Half Year Results/Forecast
Leifheit Aktiengesellschaft: Strong rise in earnings in the second quarter, forecast 2020 with significant turnover and earnings growth

15-Jul-2020 / 11:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Leifheit AG: Strong rise in earnings in the second quarter, forecast 2020 with significant turnover and earnings growth

Nassau, 15 July 2020 - Leifheit AG (ISIN DE0006464506) has achieved significantly higher earnings in the second quarter 2020 than in the previous year. According to preliminary calculations earnings before interest and taxes (EBIT) of the Leifheit Group stood at EUR 4.5 million in the second quarter and thus roughly quadrupled compared to the previous year's figure of EUR 1.1 million.

After the first six months of the 2020 financial year Group EBIT reached EUR 8.8 million, 75.5% above the result of the first half of 2019 of EUR 5.0 million. The positive earnings development is essentially based on the consistent implementation of the Scaling up Success growth strategy. Group turnover increased by 7.3% compared to the previous year to EUR 130.4 million. At the same time, the improvement in gross margin from 42.8 % to 44.1% and a strict cost management contributed particularly to the EBIT growth.

Forecast 2020

The Board of Management made a forecast for the financial year 2020 before possible impacts of the COVID-19 pandemic, which anticipated a Group turnover growth of about 8% and an EBIT of between EUR 9.5 million and EUR 10.0 million. Due to the dynamic development and the uncertainties associated with the corona pandemic in the past few months, the impact on Leifheit's business development has not been realistically assessable so far.

In the course of preparing the half year financial statements the Board of Management has updated its forecast for the financial year 2020. The Management Board now assumes a growth of Group turnover between 7% and 9% and Group EBIT of between EUR 12 million and EUR 15 million for the financial year 2020.

The forecast is based on the assumption that there will be no further significant restrictions due to the COVID-19 pandemic in the markets and sales channels relevant to Leifheit.

Information on the development in the second quarter and in the first half of 2020 is based on preliminary calculations. As a result, there may be deviations from this information in the financial figures that will be published in the half-year financial report on 13 August 2020.


Contact:
Leifheit AG
Petra Dombrowsky
Executive Assistant/CIRO
D-56377 Nassau
[email protected]
+49 2604 977218

15-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Leifheit Aktiengesellschaft
Leifheitstraße 1
56377 Nassau
Germany
Phone: 02604 977-0
Fax: 02604 977-340
E-mail: [email protected]
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: 1094009

 
End of Announcement DGAP News Service

1094009  15-Jul-2020 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 231,83 237,06 236,80 234,20 234,04 271,60 288,00
EBITDA1,2 26,70 28,32 25,25 20,01 18,10 27,30 26,50
EBITDA-Marge3 11,52 11,95 10,66 8,54 7,73 10,05 9,20
EBIT1,4 21,65 22,12 18,84 13,06 9,88 18,78 18,00
EBIT-Marge5 9,34 9,33 7,96 5,58 4,22 6,91 6,25
Jahresüberschuss1 14,33 14,53 12,88 8,41 5,83 12,53 12,70
Netto-Marge6 6,18 6,13 5,44 3,59 2,49 4,61 4,41
Cashflow1,7 20,76 21,84 7,22 10,19 15,89 4,03 11,00
Ergebnis je Aktie8 1,51 1,53 1,35 0,88 0,61 1,32 1,27
Dividende8 1,38 1,45 1,05 1,05 0,55 1,05 1,05
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
Leifheit
WKN Kurs in € Einschätzung Börsenwert in Mio. €
646450 31,750 Kaufen 317,50
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
18,68 21,71 0,89 25,86
KBV KCV KUV EV/EBITDA
3,49 78,71 1,17 12,69
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
1,05 1,05 3,31 25.05.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
11.05.2022 09.08.2022 11.11.2021 29.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-10,59% -24,20% -27,01% -19,82%
    
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