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Leifheit Aktiengesellschaft: ​​​​​​​Leifheit AG off to a successful start to the financial year 2021

DGAP-News: Leifheit Aktiengesellschaft / Key word(s): Quarterly / Interim Statement/Quarter Results Leifheit Aktiengesellschaft: ​​​​​​​Leifheit AG off to a successful start to the financial year 2021 11.05.2021 / 09:20 The issuer is solely responsible for the content of this announcement. Leifheit AG off to a successful start to the financial year 2021

• Group turnover increased by 25.5% to EUR 86.2 million in the first quarter
• Positive trend in Germany continued with turnover growth of 38.3%
• First TV campaign for the Soehnle brand sees turnover growth of 52% in scales
• Group EBIT almost doubled year-on-year at EUR 8.3 million
• Forecast for 2021 remains unchanged: Group turnover growth of at least 5%, EBIT between EUR 20 million and EUR 24 million expected

Nassau, 11 May 2021 - Leifheit AG (ISIN DE0006464506), one of the leading brand suppliers of household products in Europe, continued its growth course in the first quarter of the financial year 2021, achieving significant increases in turnover and earnings. The Leifheit Group was able to almost double its earnings before interest and taxes (EBIT) year-on-year in the first three months of 2021 from EUR 4.3 million to EUR 8.3 million. Less taxes, this equalled a net result for the period of EUR 5.8 million in the first quarter of 2021 (previous year: EUR 2.9 million).

The increase in the gross margin and the substantial turnover growth of 25.5% in the first quarter of 2021 were the main contributors to the improved result. Group turnover increased to EUR 86.2 million (previous year: EUR 68.7 million). The very strong turnover growth of 38.3% in its German domestic market along with the 24.3% increase in turnover in central Europe made significant contributions. In particular, the Group achieved considerable gains in France and Italy with turnover growth of 53.8% and 45.9%. There was also significant turnover growth of 30.6% in Austria as a result of the expanded distribution network. Turnover in the Eastern Europe sales region decreased slightly in the first three months. However, double-digit growth was achieved in important markets in the region. Turnover in the Czech Republic, for example, grew by 24.4% and by 21.9% in Romania.