sur Leifheit Aktiengesellschaft (ETR:LEI)
Leifheit AG Initiates FOCUS Program to Boost Profitability Amid Forecast Adjustments
Leifheit Aktiengesellschaft has announced the implementation of its FOCUS performance program, aimed at enhancing profitability. Anticipated annual cost savings of EUR 7.5 million are expected from 2028. However, initial execution may incur expenses reaching EUR 9.6 million, with a notable impact of EUR 5.4 million on 2026 earnings.
The decision follows a challenging H1 2026, with turnover and EBIT falling short of expectations. The company recorded a turnover of EUR 116.3 million, compared to EUR 123.4 million in H1 2025, and an EBIT of EUR –2.7 million against EUR 2.0 million in the previous year.
Leifheit's revised forecast anticipates 2026 turnover to be slightly lower than the previous year, with zero EBIT and free cash flow. CEO Alexander Reindler emphasized the program's role in boosting operational efficiency and advancing strategic growth through product innovations and stronger retail partnerships.
R. P.
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