DGAP-News

Leifheit Aktiengesellschaft:

DGAP-News: Leifheit Aktiengesellschaft / Key word(s): Quarterly / Interim
Statement/Quarterly / Interim Statement
Leifheit Aktiengesellschaft:

10.11.2016 / 08:20
The issuer is solely responsible for the content of this announcement.

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Leifheit remains on course for growth

- Group turnover increased by 3.6% in the first nine months
- Brand Business continues to be growth driver
- EBIT affected by foreign currency results
- Turnover and earnings forecast for the full year put in concrete terms

Nassau, Germany, 10 November 2016 − The Leifheit Group reported profitable
growth for the first nine months of 2016 with turnover of EUR 179.5
million. This corresponds to a 3.6% increase over the figure for the same
period in the previous year, which stood at EUR 173.2 million. The Leifheit
brand and e-commerce development generated positive momentum for growth in
Brand Business. The Group recorded a decline in Volume Business during the
reporting period.

Group business outside of Germany once again posted strong growth with a
9.4% increase in turnover to EUR 105.1 million. The share of foreign
business in turnover thus stood at 58.6%. The Central Europe region
continued to account for the largest share in business outside of Germany,
where turnover expanded considerably by 6.7% to EUR 80.3 million. In
particular, the markets in Italy, Belgium and Scandinavia made the largest
contributions in absolute terms. The Eastern Europe region recorded the
largest rise in growth, increasing 35.6% to EUR 17.6 million. In
particular, Poland, the Czech Republic and Slovakia were the drivers of
this strong performance. Turnover in Germany stood at EUR 74.4 million,
which equated to a 3.5% decline. This was due primarily to an important
mail-order customer moving its delivery warehouse to Luxembourg, which
meant that turnover shifted there as well.

"We succeeded in continuing the upward trend over the year to date and
significantly increasing our turnover, especially in Central and Eastern
Europe. The positive development in these markets and the continuous growth
of our Brand Business prove that we are successfully implementing the
'Leifheit 2020' strategy, which is the basis of sustainable growth for our
company," Thomas Radke, CEO of Leifheit AG, said.

EBIT affected by foreign currency result

The Leifheit Group's growth has had a positive impact on the result. Gross
profit in the first nine months of 2016 rose by EUR 3.7 million to EUR 84.9