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LEI - Leifheit AG News Story

€32.7 -0.1  -0.3%

Last Trade - 4:36pm

Consumer Cyclicals
Small Cap
Market Cap £284.8m
Enterprise Value £242.8m
Revenue £221.8m
Position in Universe 537th / 1039

BRIEF-Leifheit 9-mth net result down to 10.2 million euros

Thu 10th November, 2016 7:27am
Nov 10 (Reuters) - Leifheit AG  LEIG.DE : 
    * Reported profitable growth for first nine months of 2016 with turnover of 179.5 million 
euros ($196.14 million). This corresponds to a 3.6 percent increase 
    * Gross profit in first nine months of 2016 rose by 3.7 million euros to 84.9 million euros 
    * 9-month EBIT adjusted for foreign currency result rose by 3.2 percent to 16.9 million 
euros in a period comparison 
    * Less taxes, group generated a net result for 9 months of 10.2 million euros after 11.9 
million euros during same period in previous year 
    * Based on its business performance so far, Leifheit expects group turnover growth to be at 
lower end of forecast corridor of 3 percent to 4 percent for full financial year 2016 
    * Group expects FY EBIT to be at lower end of forecast corridor of 21 million euros to 22 
million euros and anticipates that EBIT will not include a positive foreign currency result 
Source text for Eikon:  ID:nEQ6z19x1  
Further company coverage:  LEIG.DE  
($1 = 0.9152 euros) 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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