Leifheit AG Maintains Strategy and Confirms 2025 Forecast

Leifheit AG reported a group turnover of EUR 63.7 million in the first quarter of 2025, maintaining its strategic focus despite a 3.3% decline compared to the previous year. The decline was attributed to weak consumer sentiment and the insolvency of a major trade partner.

In Germany, turnover saw a 12.9% increase to EUR 27.4 million. However, Central, Eastern Europe, and non-European markets experienced declines. Group EBIT was at EUR 3.1 million, adjusted by foreign currency fluctuations and patent compensation effects.

The gross margin improved to 45.6%, driven by gains in productivity. Despite a free cash flow of EUR -7.2 million affected by seasonal investments, the Board upheld its forecast for a turnover growth of 2% to 4% for 2025, with EBIT expectations between EUR 15 million and EUR 17 million.