Brief: Leifheit 2021 FY Prelim Group EBIT Up At EUR 20 Mln

Leifheit Aktiengesellschaft

21/02/2022 14:59

Feb 21 (Reuters) - LEIFHEIT AG  LEIG.DE :
    * AFTER STRONG GROWTH IN THE PREVIOUS YEAR, AGAIN TURNOVER
AND
EARNINGS GROWTH IN 2021, HOWEVER, INCREASING RAW MATERIAL,
FREIGHT AND ENERGY COSTS WEIGH ON H2 2021
    * FY REVENUE ROSE 6.1 PERCENT TO 288.2 MILLION EUR
    * PRELIMINARY GROUP EBIT 2021 OF APPROX. EUR 20 MILLION AT
UPPER
END OF LAST PUBLISHED FORECAST RANGE, EXCEEDING PREVIOUS YEAR'S
FIGURE BY APPROX. 6%
    * SUPERVISORY BOARD EXTENDS CONTRACT WITH CEO HENNER RINSCHE
    * STRAINED SUPPLY CHAINS AND HUGE INCREASES IN PROCUREMENT
PRICES
SIGNIFICANTLY AFFECTED EARNINGS DEVELOPMENT IN SECOND HALF 2021

Source text for Eikon:  ID:nEQ7szdJBa 
Further company coverage:  LEIG.DE 

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