Report
Klaus Breitenbach

Leifheit AG : 9M 2024 preview – A good set of figures expected

>Further growth in profitability - Leifheit will publish its 9M 2024 figures on 12 November 2024. We believe that the company will report turnover of € 201.8m (+0.9% y-o-y) and EBIT of € 10.0m (+100% y-o-y) leading to an EBIT margin of 5.0% (+250bp y-o-y). Positive product mix effects (due to the focus on profitable products) and increasing productivity and efficiency in production/logistics will offset headwinds from continued weak economic growth, subdued consumer s...
Underlying
Leifheit AG

Leifheit is engaged in the development and distribution of household products. Co. supplies household items in the cleaning, laundry care, kitchen and wellbeing sectors. Co.'s operating business is divided into two segments: Brand Business and Volume Business. In the brand business segment, Co. develops, produces and distributes household goods and appliances under the Leifheit brand, as well as scales and relaxation products under the Soehnle brand. The volume business of Co. comprises the activities of Birambeau and Herby, as well as Project business. Co.'s products are distributed mostly in Germany and Europe as well as in the U.S., the Middle East and the Far East.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Klaus Breitenbach

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