Leifheit streamlines production structure – Forecast for the 2025 financial year adjusted
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EQS-Ad-hoc: Leifheit Aktiengesellschaft / Key word(s): Change in Forecast Leifheit Aktiengesellschaft: Leifheit streamlines production structure – Forecast for the 2025 financial year adjusted
In addition, as part of the strategic development of the production network, the Management Board today decided, with the approval of the Supervisory Board, to relocate the remaining injection moulding production from Nassau to the state-of-the-art Leifheit site in Blatná, Czech Republic where more than 80 percent of production output in the injection moulding sector is already generated. This strategic optimisation project will result in additional investments of around EUR 1.6 million and one-off costs of around EUR 3 million, that will impact earnings development of the Leifheit Group in the 2025 financial year, especially in the second quarter. Earnings before interest and taxes (EBIT) in the second quarter and in the first half of the year will therefore be significantly below the previous year's figure. The aim of the measure is to pool technological expertise, generate efficiencies and utilize existing capacities more efficiently, thereby strengthening the company's long-term viability and competitiveness. By focusing on the company's largest production site, significant cost advantages of approximately EUR 2 million per year will be achieved, which will have a positive impact already from the second half of 2025 onwards. Despite the one-off costs for relocating production in the amount of around EUR 3 million the Board of Management now expects Group EBIT for the financial year 2025 approximately at the previous year’s level (2024: EUR 12.1 million). Previously, a Group EBIT in the range of EUR 15 million to EUR 17 million had been forecasted. Free cash flow for the 2025 financial year will be affected by additional investments of around EUR 1.6 million in connection with the strategic optimization project and is now expected to reach the mid-single-digit million Euro range. Previously, free cash flow in the upper single-digit million Euro range had been forecasted. Contact: Leifheit AG Petra Dombrowsky Executive Assistant/CIRO D-56377 Nassau ir@leifheit.com +49 2604 977218 End of Inside Information
17-Jun-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Leifheit Aktiengesellschaft |
| Leifheitstraße 1 | |
| 56377 Nassau | |
| Germany | |
| Phone: | 02604 977-0 |
| Fax: | 02604 977-340 |
| E-mail: | ir@leifheit.com |
| 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: | 2156496 |
| End of Announcement | EQS News Service |
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2156496 17-Jun-2025 CET/CEST
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