Leifheit Aktiengesellschaft: Turnover and earnings forecast für business year 2022, dividend proposal 1.05 EUR

25
March
2022

Ad-hoc

Leifheit Aktiengesellschaft / Key word(s): Forecast/Dividend
Leifheit Aktiengesellschaft: Turnover and earnings forecast für business year 2022, dividend proposal 1.05 EUR

25-March-2022 / 17:24 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 Aktiengesellschaft: Turnover and earnings forecast für business year 2022, dividend proposal 1.05 EUR

Nassau/Germany, 25 March 2022 - In connection with the Russia Ukraine war and the associated sanction measures being taken and enormous uncertainties, the Board of Management of Leifheit AG (ISIN DE0006464506) expects a further increase in disruptions to the supply chains and - even based on an already high level - anticipates further increases in freight rates, energy and commodity prices in the year 2022. At the same time, the company assumes a negative impact on consumer demand due to economic uncertainties and growing inflation.

Due to the anticipated increasing cost burdens for the company, the Board of Management currently expects Group earnings before interest and taxes (EBIT) to be significantly below the previous year's figure (2021: EUR 20.1 million). The Management board also expects a slight decline in Group turnover compared to the previous year's figure (2021: EUR 288.3 million).

In its meeting today, the Supervisory Board endorsed the Board of Management's proposal to propose a dividend of 1.05 EUR per eligible share for the 2021 financial year to the Annual General Meeting on May 25, 2022, beside the enormous uncertainties due to the current geopolitical situation and based on the good liquidity situation of the company. For the 2020 financial year, also 1.05 EUR per eligible share was distributed.

The Management Board of Leifheit AG sees the company well positioned with the Scaling up Success strategy, even in the current crisis situation. The Leifheit and Soehnle brands offer essential everyday products, while the company is lean and efficient and has a solid financial basis.


Contact:
Leifheit AG
Petra Dombrowsky
Executive Assistant/CIRO
D-56377 Nassau
ir@leifheit.com
+49 2604 977218

25-March-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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: 1312547

 
End of Announcement DGAP News Service

1312547  25-March-2022 CET/CEST

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