DGAP-News

Leifheit Aktiengesellschaft: - Seite 3

the segment. A new trade partner in France has been selling Birambeau
kitchen products since the third quarter of 2015. Equipping the customer in
the initial stages led to disproportionately high growth rates in the
second half of 2015 and in the first six months of 2016. In the third
quarter of this year we did not record growth due to the absence of this
initial equipment effect. The task of contract manufacturing for third
parties at the end of 2015 and declines in project business also curbed
turnover development in the Volume Business segment. This segment accounted
for a total of 16.2% of Group turnover (previous year: 17.6%). EBIT in
Volume Business totalled EUR 2.8 million (previous year: EUR 3.4 million).
Adjusted for the foreign currency result, EBIT rose by EUR 2.3 million to
EUR 3.0 million.

Turnover and earnings forecast put in concrete terms

Based on its business performance so far, Leifheit AG expects Group
turnover growth to be at the lower end of the forecast corridor of 3% to 4%
for the full financial year 2016. In Brand Business, which is at the heart
of the "Leifheit 2020" growth strategy, the Group anticipates a strong
increase in turnover of around 5% and therefore a growth at the upper end
of the forecast. For the significantly smaller Volume Business Leifheit
expects a decline in turnover of about 7%. Previously the company assumed a
stable development in this segment.

Leifheit AG put its earnings expectations in concrete terms: The Group
expects earnings before interest and taxes (EBIT) to be at the lower end of
the forecast corridor of EUR 21 million to EUR 22 million and anticipates
that EBIT will not include a positive foreign currency result.

Further information can be found in the quarterly statement for the period
ending 30 September 2016, which is available at
http://financial-reports.leifheit-group.com.

About Leifheit

Leifheit AG, founded in 1959, is one of the leading European brand
suppliers of household items. The company stands for high quality,
innovative products with great utility and functional design in the sectors
of cleaning, laundry care, kitchen goods and wellbeing. Leifheit and
Soehnle are among the best-known brands in Germany. In addition to the
Brand Business, Leifheit AG operates in the service-oriented Volume
Business via its French subsidiaries Birambeau and Herby. The Leifheit
Group and its international branches combined have around 1,000 employees.
More information on Leifheit is available online at www.leifheit-group.com,
www.leifheit.de, www.soehnle.de.

Contact:
Leifheit AG
D-56377 Nassau
[e-mail]
[phone]


---------------------------------------------------------------------------

10.11.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

---------------------------------------------------------------------------

Language: English
Company: Leifheit Aktiengesellschaft
Leifheitstraße
56377 Nassau
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.leifheit-group.com
ISIN: DE0006464506
WKN: 646450
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange


End of News DGAP News Service
---------------------------------------------------------------------------

519313 10.11.2016