EQS-Adhoc
Leifheit Aktiengesellschaft: Leifheit streamlines production structure – Forecast for the 2025 financial year adjusted
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- Leifheit adjusts 2025 forecast due to market conditions.
- Production optimization to save EUR 2 million annually.
- One-off costs of EUR 3 million impact 2025 earnings.
EQS-Ad-hoc: Leifheit Aktiengesellschaft / Key word(s): Change in Forecast |
Leifheit Aktiengesellschaft: Leifheit streamlines production structure – Forecast for the 2025 financial year adjusted
In addition, as part of the strategic development of the production network, the Management Board today decided, with the approval of the Supervisory Board, to relocate the remaining injection moulding production from Nassau to the state-of-the-art Leifheit site in Blatná, Czech Republic where more than 80 percent of production output in the injection moulding sector is already generated.
This strategic optimisation project will result in additional investments of around EUR 1.6 million and one-off costs of around EUR 3 million, that will impact earnings development of the Leifheit Group in the 2025 financial year, especially in the second quarter. Earnings before interest and taxes (EBIT) in the second quarter and in the first half of the year will therefore be significantly below the previous year's figure.
- Turnover and earnings forecast for 2025 adjusted
- Strategic optimization project in production brings cost and efficiency benefits of around EUR 2 million per year
- One-off costs of around EUR 3 million for the strategic optimization project affect Group earnings in 2025, especially in the second quarter
In addition, as part of the strategic development of the production network, the Management Board today decided, with the approval of the Supervisory Board, to relocate the remaining injection moulding production from Nassau to the state-of-the-art Leifheit site in Blatná, Czech Republic where more than 80 percent of production output in the injection moulding sector is already generated.
This strategic optimisation project will result in additional investments of around EUR 1.6 million and one-off costs of around EUR 3 million, that will impact earnings development of the Leifheit Group in the 2025 financial year, especially in the second quarter. Earnings before interest and taxes (EBIT) in the second quarter and in the first half of the year will therefore be significantly below the previous year's figure.
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