Leifheit AG Revises 2025 Earnings Forecast Due to Market Challenges

Leifheit Aktiengesellschaft reported a significant decline in its preliminary business figures for the first half of 2025. The Group's EBIT dropped to EUR 2.0 million, a decrease from EUR 7.0 million in the same period of 2024. This was attributed to reduced margins, one-off relocation costs, and decreased foreign currency earnings.

Turnover fell by 8.6%, reaching EUR 123.4 million. The drop was due to weak consumer sentiment, changes in product strategy, and the insolvency of a major client. However, new products like the "Superduster" and a dynamic direct-to-consumer approach showed promise.

The Management Board now projects a 5% to 8% decline in annual turnover, expecting an EBIT between EUR 9 million and EUR 11 million, factoring in strategic project costs of EUR 3 million.