Leifheit AG : H1 2024 – Significant increase in earnings
>Key figures in line with preliminaries - In its final H1 2024 results release, Leifheit confirmed its key figures (revenue, EBIT, FCF) and the new higher guidance (published on 15 July 2024). Whereas EBIT and FCF for the first 6 months of the year increased y-o-y and beat our estimates, turnover was slightly lower (in line with ODDO BHFe). The successful advertising activities for high-margin bestsellers in the core categories of cleaning and laundry care as well as ...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.
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.
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