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LEI - Leifheit AG News Story

€31.6 -0.4  -1.3%

Last Trade - 2:44pm

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £278.6m
Enterprise Value £236.4m
Revenue £222.4m
Position in Universe 538th / 1042

BRIEF-Leifheit FY group's net result up at 14.5 million euros

Wed 29th March, 2017 8:15am
March 29 (Reuters) - Leifheit AG  LEIG.DE  
    * Outlook for 2017: sustained turnover growth expected 
    * Turnover growth of 3.5 pct to 4.5 pct is expected at group 
level in 2017 
    * With a view to strengthening future growth in brand 
business, company intends to invest in reorganisation of its 
sales structure in 2017 
    * This will likely result in one-off effects that have 
already taken into account in earnings forecast for financial 
year 2017 
    * Expects earnings before interest and taxes (EBIT) in line 
with previous year in 2017 
    * FY group's net result for period climbed to 14.5 million 
euros ($15.65 million) following 14.3 million euros in previous 
year 
    * Dividend increase to 2.10 euros per share and special 
dividend of 0.80 euros proposed 
 
Source text for Eikon:  ID:nEQ5tz8lr  
Further company coverage:  LEIG.DE  
 
($1 = 0.9265 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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