Major Estimate Revision • Jul 15
Consensus EPS estimates fall by 71% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €236.7m to €231.3m. EPS estimate also fell from €0.687 per share to €0.20 per share. Net income forecast to grow 56% next year vs 13% growth forecast for Consumer Durables industry in Germany. Consensus price target down from €20.79 to €19.96. Share price fell 2.1% to €14.15 over the past week. Annonce • Jul 14
Leifheit AG Revises Earnings Guidance for the Fiscal Year 2026 Leifheit AG revised earnings guidance for the fiscal year 2026. Against the backdrop of a declining market and the resulting business development in the first half of the year, the Board of Management adjusts its turnover forecast for the full year 2026. Group turnover is now expected to be slightly below the previous year’s figure (EUR 236.2 million)., a Group EBIT of EUR 0 million is now expected for the full year 2026. Previously, EBIT was forecasted to be at the previous year’s level (EUR 10.0 million). Annonce • Jun 05
Leifheit Aktiengesellschaft Elects Stefan Bertram and Dr Hans-Jürgen Braun to the Supervisory Board Leifheit AG successfully held its 2026 Annual General Meeting on 3 June 2026. The Annual General Meeting elected two new members to the Supervisory Board of Leifheit AG: Stefan Bertram and Dr Hans-Jürgen Braun. Stefan Bertram is Managing Director at Alantra EQMC in Madrid and has many years of international professional experience as a European small- and mid-cap investor. Dr Hans-Jürgen Braun is a member of the Kromberg & Schubert Management Team GmbH in Abensberg and has in-depth expertise in production technology, global production and logistics networks and transformation programs. Stefan De Loecker was elected Chairman of the Supervisory Board, and Rüdiger Böhle was elected Deputy Chair as well as Chair of the Audit Committee in May 2026. Upcoming Dividend • May 28
Upcoming dividend of €1.20 per share Eligible shareholders must have bought the stock before 04 June 2026. Payment date: 08 June 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.0%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (5.5%). New Risk • May 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 55% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 238% Dividend per share is over 6x cash flows per share. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Annonce • Apr 23
Leifheit Aktiengesellschaft, Annual General Meeting, Jun 03, 2026 Leifheit Aktiengesellschaft, Annual General Meeting, Jun 03, 2026, at 11:00 W. Europe Standard Time. Reported Earnings • Apr 02
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: €0.68 (down from €0.85 in FY 2024). Revenue: €232.6m (down 10% from FY 2024). Net income: €6.24m (down 22% from FY 2024). Profit margin: 2.7% (down from 3.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Major Estimate Revision • Mar 31
Consensus EPS estimates fall by 27% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €237.8m to €234.9m. EPS estimate also fell from €0.99 per share to €0.72 per share. Net income forecast to grow 48% next year vs 15% growth forecast for Consumer Durables industry in Germany. Consensus price target down from €22.00 to €21.25. Share price was steady at €14.90 over the past week. Annonce • Mar 31
Leifheit Aktiengesellschaft to Report Q1, 2026 Results on May 07, 2026 Leifheit Aktiengesellschaft announced that they will report Q1, 2026 results on May 07, 2026 Declared Dividend • Mar 26
Dividend of €1.20 announced Shareholders will receive a dividend of €1.20. Ex-date: 4th June 2026 Payment date: 8th June 2026 Dividend yield will be 7.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (241% earnings payout ratio) nor is it covered by cash flows (362% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 167% to bring the payout ratio under control. EPS is expected to grow by 78% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Annonce • Jan 06
Leifheit Aktiengesellschaft Announces the Resignation of Günter Blaschke, as A Member and Chairman of the Supervisory Board, Effective April 30, 2026 Leifheit Aktiengesellschaft announced that the long-standing Chairman of the Supervisory Board, Dr. Günter Blaschke, informed the Management Board of Leifheit Aktiengesellschaft on January 5, 2026, that he is stepping down as a member and Chairman of the Supervisory Board for personal reasons with effect from end of April 30, 2026. The Supervisory Board will consider the succession of Dr. Blaschke and is confident that it will be able to propose a candidate for the election of the then vacant sixth member of the Supervisory Board at the Annual General Meeting on June 3, 2026. Reported Earnings • Nov 07
Third quarter 2025 earnings released: EPS: €0.24 (vs €0.22 in 3Q 2024) Third quarter 2025 results: EPS: €0.24 (up from €0.22 in 3Q 2024). Revenue: €55.6m (down 16% from 3Q 2024). Net income: €2.22m (up 3.9% from 3Q 2024). Profit margin: 4.0% (up from 3.3% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 08
Second quarter 2025 earnings released: €0.11 loss per share (vs €0.27 profit in 2Q 2024) Second quarter 2025 results: €0.11 loss per share (down from €0.27 profit in 2Q 2024). Revenue: €59.7m (down 14% from 2Q 2024). Net loss: €1.02m (down 140% from profit in 2Q 2024). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Major Estimate Revision • Jul 16
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €253.0m to €243.8m. EPS estimate also fell from €0.847 per share to €0.727 per share. Net income forecast to shrink 3.0% next year vs 17% growth forecast for Consumer Durables industry in Germany . Consensus price target down from €24.39 to €22.50. Share price fell 5.6% to €15.95 over the past week. Price Target Changed • Jul 15
Price target decreased by 11% to €22.38 Down from €25.25, the current price target is an average from 4 analysts. New target price is 43% above last closing price of €15.70. Stock is down 5.7% over the past year. The company is forecast to post earnings per share of €0.73 for next year compared to €0.85 last year. Major Estimate Revision • Jun 19
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €266.4m to €258.3m. EPS estimate also fell from €1.12 per share to €0.943 per share. Net income forecast to grow 19% next year vs 19% growth forecast for Consumer Durables industry in Germany. Consensus price target broadly unchanged at €24.75. Share price fell 17% to €16.05 over the past week. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €16.35, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Consumer Durables industry in Europe. Total loss to shareholders of 1.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €30.14 per share. Annonce • Jun 05
Leifheit Aktiengesellschaft Launches the Superduster for Dusting Surfaces and Floors Leifheit AG has launched the SUPERDUSTER for dusting surfaces and floors. With this new product, the company is entering the dust market segment and consistently pressing ahead with the expansion of its innovation pipeline as part of its corporate strategy. With an estimated market volume of over EUR 200 million in Europe alone, the dust segment constitutes a very attractive market for Leifheit within the strategic core category of mechanical cleaning. A survey conducted by Leifheit also emphasises its economic importance: 73% of households surveyed dust at least once a week. This revealed growing environmental awareness among consumers and a clear trend towards reusable products for household cleaning. By launching the SUPERDUSTER, Leifheit is showcasing three key strengths: high cleaning performance, versatile application options and a sustainable concept. The SUPERDUSTER features a distinctive handle made from 96% recycled plastic. The easily removable and machine-washable microfibre covers also contribute to resource-efficient dusting. Consumers are impressed, too: over 90% of users would recommend the SUPERDUSTER to other people, as shown by a survey conducted by Leifheit together with the ipi Institute. The new SUPERDUSTER-ass assortment from the Leifheit brand features three versions to meet different consumer needs: as a handy standard version for smaller areas or narrow spaces, in an XL version for higher places or larger areas, and as a floor version for dry cleaning floors. Thanks to its compatibility with the Leifheit Click system, it is an ideal addition to the existing Leifheit product range. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €18.60, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Consumer Durables industry in Europe. Total returns to shareholders of 3.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €30.29 per share. Upcoming Dividend • May 22
Upcoming dividend of €1.20 per share Eligible shareholders must have bought the stock before 29 May 2025. Payment date: 02 June 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.5%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (4.2%). New Risk • May 08
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 137% Cash payout ratio: 195% Dividend yield: 5.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Price Target Changed • Apr 29
Price target increased by 9.8% to €25.25 Up from €23.00, the current price target is an average from 4 analysts. New target price is 17% above last closing price of €21.60. Stock is up 37% over the past year. The company is forecast to post earnings per share of €1.12 for next year compared to €0.85 last year. Buy Or Sell Opportunity • Apr 24
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 32% to €21.70. The fair value is estimated to be €17.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 23%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Annonce • Apr 16
Leifheit Aktiengesellschaft, Annual General Meeting, May 28, 2025 Leifheit Aktiengesellschaft, Annual General Meeting, May 28, 2025, at 11:00 W. Europe Standard Time. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €19.25, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total loss to shareholders of 2.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.17 per share. Reported Earnings • Apr 11
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: €0.85 (up from €0.34 in FY 2023). Revenue: €259.2m (flat on FY 2023). Net income: €8.04m (up 151% from FY 2023). Profit margin: 3.1% (up from 1.2% in FY 2023). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 3.0%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Annonce • Apr 11
Leifheit Aktiengesellschaft Provides Earnings Guidance for the Year 2025 Leifheit Aktiengesellschaft provided earnings guidance for the year 2025. for the year, the company foresee growth for group of approximately 2% to 4% and group EBIT in the range of EUR 15 million to EUR 17 million. Declared Dividend • Mar 27
Dividend of €1.20 announced Shareholders will receive a dividend of €1.20. Ex-date: 29th May 2025 Payment date: 2nd June 2025 Dividend yield will be 6.7%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (123% earnings payout ratio). However, it is covered by cash flows (68% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 36% to bring the payout ratio under control. EPS is expected to grow by 41% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Annonce • Mar 27
Leifheit AG Proposes Special Dividend The Board of Management and the Supervisory Board of Leifheit AG will also propose paying a special dividend amounting to EUR 0.05 per eligible no-par-value bearer share (previous year: EUR 0.10 per eligible no-par-value bearer share). Annonce • Mar 26
Leifheit Aktiengesellschaft announces Annual dividend, payable on June 02, 2025 Leifheit Aktiengesellschaft announced Annual dividend of EUR 1.1500 per share payable on June 02, 2025, ex-date on May 29, 2025 and record date on May 30, 2025. Buy Or Sell Opportunity • Jan 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.4% to €16.20. The fair value is estimated to be €20.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 52%. Revenue is forecast to grow by 8.2% in 2 years. Earnings are forecast to grow by 43% in the next 2 years. Buy Or Sell Opportunity • Jan 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.9% to €16.20. The fair value is estimated to be €20.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 52%. Revenue is forecast to grow by 8.2% in 2 years. Earnings are forecast to grow by 43% in the next 2 years. Buy Or Sell Opportunity • Dec 03
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to €15.85. The fair value is estimated to be €20.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 52%. Revenue is forecast to grow by 8.6% in 2 years. Earnings are forecast to grow by 53% in the next 2 years. Buy Or Sell Opportunity • Nov 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.8% to €15.95. The fair value is estimated to be €20.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 52%. Revenue is forecast to grow by 8.6% in 2 years. Earnings are forecast to grow by 53% in the next 2 years. Buy Or Sell Opportunity • Oct 17
Now 21% undervalued Over the last 90 days, the stock has risen 4.9% to €17.00. The fair value is estimated to be €21.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has declined by 66%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 120% in the next 2 years. Buy Or Sell Opportunity • Oct 01
Now 22% undervalued Over the last 90 days, the stock has risen 1.5% to €17.35. The fair value is estimated to be €22.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has declined by 66%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 113% in the next 2 years. Buy Or Sell Opportunity • Sep 16
Now 22% undervalued Over the last 90 days, the stock has risen 4.5% to €17.50. The fair value is estimated to be €22.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has declined by 66%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 113% in the next 2 years. Buy Or Sell Opportunity • Aug 29
Now 22% undervalued Over the last 90 days, the stock has risen 4.1% to €17.60. The fair value is estimated to be €22.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has declined by 66%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 113% in the next 2 years. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: €0.27 (vs €0.15 in 2Q 2023) Second quarter 2024 results: EPS: €0.27 (up from €0.15 in 2Q 2023). Revenue: €69.1m (up 1.9% from 2Q 2023). Net income: €2.52m (up 83% from 2Q 2023). Profit margin: 3.7% (up from 2.0% in 2Q 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Aug 05
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.8% to €15.45. The fair value is estimated to be €20.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 72%. Revenue is forecast to grow by 9.8% in 2 years. Earnings are forecast to grow by 193% in the next 2 years. Annonce • May 24
Leifheit Aktiengesellschaft (XTRA:LEI) commences an Equity Buyback, under the authorization approved on September 30, 2020. Leifheit Aktiengesellschaft (XTRA:LEI) commences share repurchases on May 15, 2024, under the program mandated by the shareholders in the Annual General Meeting held on September 30, 2020. As per the mandate, the company is authorized to repurchase up to 10% of the share capital existing at the time of the resolution or, if this value is lower, of the company's share capital existing at the time the authorization is exercised. The company is authorized to repurchase its own shares, such that the company’s holding in treasury does not exceed 10% of its issued share capital. The purchase price per share may not exceed the mean closing price of shares in Xetra trading on the Frankfurt Stock Exchange over the three trading days prior to entering into the purchase obligation by more than 10% and may not fall below this value by more than 10%. The repurchased shares may be sold on the stock exchange; or sold on the basis of an offer addressed to all shareholders while preserving the subscription rights; or may be transferred to third parties in the context of the acquisition of companies, parts of companies or shareholdings in companies or other assets and in the context of corporate mergers; or may be issued to employees of the company or to employees of a company affiliated with the company; or used to effect a scrip dividend; or can be redeemed without any further resolution of the Annual General Meeting. The authority shall expire on September 29, 2025.
On May 2, 2024, the company announces a share repurchase program. Under the program, the company will repurchase up to €8.5 million worth of its shares. The purpose of the program is to enable shareholders to benefit not only from dividends but also from the company’s solid liquidity. The program has been approved by the Supervisory Board. The repurchases will commence on May 15, 2024, and the program will be valid till December 11, 2024. Upcoming Dividend • May 23
Upcoming dividend of €1.05 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 03 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.4%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.1%). Price Target Changed • May 22
Price target decreased by 9.1% to €20.00 Down from €22.00, the current price target is an average from 2 analysts. New target price is 14% above last closing price of €17.60. Stock is up 6.3% over the past year. The company is forecast to post earnings per share of €0.73 for next year compared to €0.34 last year. Reported Earnings • Apr 29
Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat Full year 2023 results: EPS: €0.34 (up from €0.13 in FY 2022). Revenue: €258.3m (up 2.7% from FY 2022). Net income: €3.20m (up 165% from FY 2022). Profit margin: 1.2% (up from 0.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. Declared Dividend • Mar 29
Dividend increased to €1.05 Dividend of €1.05 is 50% higher than last year. Ex-date: 30th May 2024 Payment date: 3rd June 2024 Dividend yield will be 7.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (395% earnings payout ratio). However, it is covered by cash flows (56% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 339% to bring the payout ratio under control. EPS is expected to grow by 162% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Mar 28
Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat Full year 2023 results: EPS: €0.34 (up from €0.13 in FY 2022). Revenue: €258.3m (up 2.7% from FY 2022). Net income: €3.20m (up 165% from FY 2022). Profit margin: 1.2% (up from 0.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: €0 (vs €0.094 in 3Q 2022) Third quarter 2023 results: EPS: €0 (down from €0.094 in 3Q 2022). Revenue: €61.9m (up 8.6% from 3Q 2022). Net income: €1.0k (down 100% from 3Q 2022). Profit margin: 0% (down from 1.5% in 3Q 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Annonce • Oct 18
Leifheit Aktiengesellschaft Announces Board Changes The Supervisory Board of Leifheit Aktiengesellschaft appointed Mr. Alexander Reindler (54) as Chairman of the company’s Board of Management as of December 1st 2023. He takes over the role from Mr. Stefan De Loecker, who stepped in on an interim basis starting August 2023, and who resumes his position as Deputy Chairman of the Supervisory Board of Leifheit AG after the entry of Mr. Alexander Reindler. As the Chairman of the Board and Chief Executive Officer (CEO) he will be responsible for Marketing, Sales, Human Resources/Legal & IP and for the private label business of Herby and Birambeau. The Management Board furthermore consists of Mr. Marco Keul as Chief Financial Officer (CFO) and Mr. Igor Iraeta Munduate as Chief Operating Officer (COO). Mr. Alexander Reindler spent his professional life in the consumer goods industry at Beiersdorf AG. He brings more than 25 years of international experience in leading positions in marketing, sales and management along. He has worked in Germany, Russia, Latin America and Africa, among other countries. Most recently, Mr. Alexander Reindler has been responsible for the global Health Care Business (Hansaplast, Elastoplast, Curitas) at Beiersdorf AG since 2019. Under his leadership, a unique turnaround was achieved from a stagnating business into a growth engine for the company with expansion of market positions and high profitability. In the process the business unit developed into a pioneer of modern employee management and high employee motivation. Mr. Alexander Reindler is married and has two children. Annonce • Oct 15
Leifheit Aktiengesellschaft Revises Group Earnings Guidance for the Full Year 2023 Leifheit Aktiengesellschaft revised group earnings guidance for the full year 2023. Based on the preliminary business figures for the first nine months of 2023, the Management Board of the company has reassessed the expectations for the financial year 2023. Despite the persistently challenging market conditions, the Management Board now expects a slight year-on-year growth of Group turnover for the financial year 2023 (2022: EUR 251.5 million). Previously, a slight decrease of Group turnover had been expected. After previously forecasting Group earnings before interest and taxes (EBIT) in the low single-digit million-euro range for financial year 2023, the Management Board now assumes EBIT in the mid single-digit million-euro range (2022: EUR 2.8 million). Annonce • Oct 14
Leifheit Aktiengesellschaft to Report Q3, 2023 Results on Nov 15, 2023 Leifheit Aktiengesellschaft announced that they will report Q3, 2023 results on Nov 15, 2023 Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: €0.15 (vs €0.06 loss in 2Q 2022) Second quarter 2023 results: EPS: €0.15 (up from €0.06 loss in 2Q 2022). Revenue: €67.8m (up 5.1% from 2Q 2022). Net income: €1.38m (up €1.95m from 2Q 2022). Profit margin: 2.0% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Annonce • Aug 10
Leifheit Aktiengesellschaft Provides Group Earnings Guidance for the Financial Year 2023 Leifheit Aktiengesellschaft provided group earnings guidance for the financial year 2023. For the year, the company expects a slight year-on-year decline in Group turnover. Positive earnings before interest and taxes (EBIT) for the Group in the low single-digit million-euro range. Annonce • Jul 22
Leifheit AG Provides Earnings Guidance for the Second Quarter and First Half of 2023 Leifheit AG provided earnings guidance for the second quarter and first half of 2023. The company expected group earnings before interest and taxes (EBIT) in the second quarter of 2023 of EUR 2.4 million (second quarter of 2022: negative EUR 0.5 million).In the first half of business year 2023 EBIT therefore reached EUR 4.8 million, an increase of 123 % compared to the previous year's figure (first half of 2022: EUR 2.1 million). Price Target Changed • Jul 18
Price target increased by 17% to €22.00 Up from €18.83, the current price target is provided by 1 analyst. New target price is 17% above last closing price of €18.85. Stock is up 5.3% over the past year. The company is forecast to post earnings per share of €0.29 for next year compared to €0.13 last year. Upcoming Dividend • Jun 01
Upcoming dividend of €0.70 per share at 3.9% yield Eligible shareholders must have bought the stock before 08 June 2023. Payment date: 12 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.9%). Reported Earnings • May 14
First quarter 2023 earnings released: EPS: €0.13 (vs €0.19 in 1Q 2022) First quarter 2023 results: EPS: €0.13 (down from €0.19 in 1Q 2022). Revenue: €70.3m (down 2.1% from 1Q 2022). Net income: €1.26m (down 32% from 1Q 2022). Profit margin: 1.8% (down from 2.6% in 1Q 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 31
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: €0.13 (down from €1.49 in FY 2021). Revenue: €251.5m (down 13% from FY 2021). Net income: €1.21m (down 92% from FY 2021). Profit margin: 0.5% (down from 4.9% in FY 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €19.78, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Total loss to shareholders of 9.9% over the past three years. Annonce • Dec 30
Leifheit Aktiengesellschaft, Annual General Meeting, Jun 07, 2023 Leifheit Aktiengesellschaft, Annual General Meeting, Jun 07, 2023. Price Target Changed • Nov 30
Price target decreased to €22.25 Down from €26.37, the current price target is an average from 3 analysts. New target price is 48% above last closing price of €15.00. Stock is down 53% over the past year. The company is forecast to post earnings per share of €0.16 for next year compared to €1.49 last year. Major Estimate Revision • Nov 16
Consensus EPS estimates fall by 43% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €262.8m to €248.0m. EPS estimate also fell from €0.28 per share to €0.16 per share. Net income forecast to grow 53% next year vs 6.9% decline forecast for Consumer Durables industry in Germany. Consensus price target down from €26.37 to €25.50. Share price rose 10% to €15.30 over the past week. Reported Earnings • Nov 10
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: €0.10 (down from €0.21 in 3Q 2021). Revenue: €57.0m (down 18% from 3Q 2021). Net income: €878.0k (down 56% from 3Q 2021). Profit margin: 1.5% (down from 2.8% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 121%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Annonce • Oct 26
Leifheit Aktiengesellschaft to Report Nine Months, 2022 Results on Nov 08, 2022 Leifheit Aktiengesellschaft announced that they will report nine months, 2022 results on Nov 08, 2022 Reported Earnings • Aug 10
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: €0.06 loss per share (down from €0.39 profit in 2Q 2021). Revenue: €64.5m (down 8.0% from 2Q 2021). Net loss: €566.0k (down 115% from profit in 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to stay flat compared to a 3.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annonce • Aug 10
Leifheit Aktiengesellschaft Provides Earnings Guidance for the Full Year of 2022 Leifheit Aktiengesellschaft provided earnings guidance for the full year of 2022. The Leifheit Group faces extremely high procurement costs and a deteriorating economic environment, along with inflation and consumer caution. In light of this, the Board of Management of Leifheit AG forecasts a strong year-on-year decline in Group turnover in the single-digit percentage range for the financial year 2022. It also expects earnings before interest and taxes (EBIT) in the lower single-digit million range. Major Estimate Revision • Jul 16
Consensus EPS estimates fall by 84% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €278.2m to €271.5m. EPS estimate also fell from €1.02 per share to €0.16 per share. Net income forecast to shrink 43% next year vs 8.3% growth forecast for Consumer Durables industry in Germany . Consensus price target down from €31.73 to €28.73. Share price fell 7.7% to €18.22 over the past week. Price Target Changed • Jul 15
Price target decreased to €28.73 Down from €32.07, the current price target is an average from 2 analysts. New target price is 58% above last closing price of €18.22. Stock is down 59% over the past year. The company is forecast to post earnings per share of €1.02 for next year compared to €1.49 last year. Annonce • Jul 15
Leifheit Aktiengesellschaft Provides Earnings Guidance for the Year 2022 Leifheit Aktiengesellschaft provided earnings guidance for the year 2022. For the year, the company expects a strong, but likely still in a single-digit percentage range decline in turnover compared to the previous year’s figure (2021: EUR 288.3 million) in the 2022 financial year. Annonce • May 26
Leifheit Aktiengesellschaft Approves Dividend for Financial Year 2021 Leifheit Aktiengesellschaft at its Annual General Meeting held on May 25, 2022 approved the payment of a dividend of EUR 1.05 per eligible no-par-value bearer share for financial year 2021. Upcoming Dividend • May 19
Upcoming dividend of €1.05 per share Eligible shareholders must have bought the stock before 26 May 2022. Payment date: 30 May 2022. Payout ratio is on the higher end at 98%, and the cash payout ratio is above 100%. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (3.0%).