Leifheit Aktiengesellschaft: Preliminary earnings before interest and taxes
(EBIT) and free cash flow in H1 2024 significantly above previous year's
figures, forecast for full year 2024 raised

EQS-Ad-hoc: Leifheit Aktiengesellschaft / Key word(s): Half Year
Results/Change in Forecast
Leifheit Aktiengesellschaft: Preliminary earnings before interest and taxes
(EBIT) and free cash flow in H1 2024 significantly above previous year's
figures, forecast for full year 2024 raised

15-Jul-2024 / 16:07 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Leifheit AG: Preliminary earnings before interest and taxes (EBIT) and free
cash flow in H1 2024 significantly above previous year's figures, forecast
for full year 2024 raised

Nassau (Germany), 15 July 2024 - Leifheit AG (ISIN DE0006464506) has further
improved its profitability and, according to preliminary calculations,
expects Group earnings before interest and taxes (EBIT) of EUR 7.0 million
in the first half of 2024. This represents an increase of around 48%
compared to the previous year's figure (H1 2023: EUR 4.8 million). Group
EBIT was mainly affected by the improvement in gross margin, positive
product mix effects and increases in productivity and efficiency. This was
contrasted by one-off effects due to organizational changes in sales and
marketing.

The Leifheit Group achieved turnover of EUR 135.0 million in the first half
of 2024 (H1 2023: EUR 138.1 million) and a free cash flow of EUR 9.9 million
(H1 2023: EUR 7.6 million).

Based on the preliminary figures of the first half of 2024 the Management
Board has reassessed the expectations for the full year 2024 today.

The Management Board raises the earnings forecast - despite anticipated
burdens from increased container freight rates in the second half of the
year - and expects now Group earnings before interest and taxes (EBIT) in
the range of EUR 11 million to EUR 13 million in the financial year 2024.
Previously a Group EBIT in the range of EUR 10 million to EUR 12 million was
expected.

At the same time, with an expectedly stronger second half of the year, the
Management Board continues to anticipate slight turnover growth in the
Leifheit Group.

On this basis and in the light of planned investments in production
efficiency in the second half of the year, the Management Board now
estimates a free cash flow of around EUR 12 million for the full year 2024,
after the previously forecast figure of around EUR 10 million.

The information on the development of the first half of 2024 is based on
preliminary calculations. Therefore, there may be deviations from this
information in the figures that will be published in the half-year financial
report on 8 August 2024 at
https://www.leifheit-group.com/en/investor-relations/reports-and-presentations/.

Contact:
Leifheit AG
Petra Dombrowsky
Executive Assistant/CIRO
D-56377 Nassau
ir@leifheit.com
+49 2604 977218


End of Inside Information

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   Language:       English
   Company:        Leifheit Aktiengesellschaft
                   Leifheitstraße 1
                   56377 Nassau
                   Germany
   Phone:          02604 977-0
   Fax:            02604 977-340
   E-mail:         ir@leifheit.com
   Internet:       www.leifheit-group.com
   ISIN:           DE0006464506
   WKN:            646450
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1946481

End of Announcement EQS News Service
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1946481 15-Jul-2024 CET/CEST