Brief: Leifheit Q1 Group EBIT Down At EUR 2.7 Mln
11/05/2022 07:17
May 11 (Reuters) - LEIFHEIT AG LEIG.DE :
* GROUP TURNOVER SLIGHTLY LOWER THAN PREVIOUS YEAR AND EBIT
SIGNIFICANTLY DOWN ON 2021
* Q1 GROUP EBIT FALLS TO EUR 2.7 MILLION FROM EUR 8.3
MILLION IN
Q1 OF 2021 DUE TO RISING MATERIAL AND ENERGY PRICES AND DELAYED
EFFECT OF SALES PRICE INCREASES
* GROUP TURNOVER IN Q1 AT EUR 71.8 MILLION, SECOND-BEST
QUARTERLY
FIGURE OF PAST 15 YEARS
* DEMAND FOR TV-ADVERTISED LEIFHEIT AND SOEHNLE PRODUCTS
CONTINUES
TO MAKE A DISPROPORTIONATELY HIGH CONTRIBUTION TO TURNOVER
* FORECAST FOR 2022 CONFIRMED
Source text for Eikon: ID:nEQ3s3wSVa
Further company coverage: LEIG.DE
(Gdansk Newsroom)
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