Last €48.46 EUR
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As of 3:35 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

leifheit ag (LEI) Snapshot

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52 Week High
01/30/15 - €54.32
52 Week Low
03/17/14 - €33.94
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leifheit ag (LEI) Details

Leifheit AG develops, manufactures, and distributes household products. The company operates through two segments, Brand Business and Volume Business. The Brand Business segment distributes products under the Leifheit and Soehnle brands. The Volume Business segment offers product assortments in medium price range, as well as develops and manufactures customer specific products; and offers contract manufacturing services for third parties. The company offers cleaning products, such as floor and window cleaning, bathroom cleaning, and professional products, as well as accessories; and laundry care products, which comprise dryers and ironing products. It also provides kitchen goods, such as storage containers, roll holders, and foil cutters, as well as other kitchen preparing and serving products. The company distributes its products through retail chains, wholesalers, home shopping, and e-commerce channels in Germany, Europe, the United States, the Middle East, and the Far East. Leifheit AG was founded in 1959 and is headquartered in Nassau, Germany.

1,032 Employees
Last Reported Date: 10/30/14
Founded in 1959

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leifheit ag (LEI) Key Developments

Leifheit Group Reports Preliminary Revenue Results for the Full Year of 2014; Provides Earnings Guidance for the Full Year of 2014

Leifheit Group reported preliminary revenue results for the full year of 2014. For the period, the company reported has met its forecasts and finished the 2014 financial year recording a group turnover of EUR 220.7 million, which represents an increase of 0.5% compared to the comparative previous year's figure of EUR 219.5 million. The company was able to achieve these stable figures despite various obstacles, such as the difficult competitive environment and different performances, both in the product segments and in the individual regions. However, well in advance on 29 January 2015, the Board of Management adjusted its forecast for operating earnings upwards; its new forecast, partly based on exceptionally positive foreign currency results of EUR 5 million for 2014, is a consolidated Group EBIT of EUR 21-22 million compared to EUR 14.9 million in the previous year.

Leifheit AG Revises Earnings Guidance for the Financial Year 2014

Leifheit AG revised earnings guidance for the financial year 2014. The company once again adjusts its earnings forecast for the financial year 2014. According to preliminary estimates the company is expecting an increase in EBIT to around EUR 21 million to EUR 22 million due to the results in the fourth quarter 2014. The forecast released at October 24, 2014 assumed earnings between EUR 18 million to EUR 19 million. The significant increase in EBIT compared to the previous year (EUR 14.9 million) was also affected by the US Dollar development. The positive effects in earnings 2014 from foreign currency results is expected to amount to about EUR 5 million.

Leifheit AG Presents at 4th Annual Berenberg 1 - 1 Symposium @ German Equity Forum, Nov-26-2014

Leifheit AG Presents at 4th Annual Berenberg 1 - 1 Symposium @ German Equity Forum, Nov-26-2014 . Venue: Maritim Hotel, Theodor-Heuss-Allee 3, 60486 Frankfurt am Main, Germany.


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