Brief: Leifheit Q3 EBIT At EUR 3.0 Mln

Leifheit Aktiengesellschaft

13/10/2021 12:17

Oct 13 (Reuters) - LEIFHEIT AG  LEIG.DE :
    * DISTORTIONS OF THE GLOBAL SUPPLY CHAIN AFFECTS EBIT IN THE
THIRD
QUARTER, EARNINGS (EBIT) FORECAST ADJUSTED TO EUR 15 TO 20
MILLION
    * 9M REVENUE ROSE 11.9 PERCENT TO 226 MILLION EUR
    * TURNOVER OF EUR 69.7 MILLION IN Q3 2021 (Q3 2020: EUR 71.6
MILLION)
    * TURNOVER FORECAST REMAINS UNCHANGED, AN INCREASE OF GROUP
TURNOVER OF AT LEAST 5 % YEAR-ON-YEAR IS EXPECTED
    * (EBIT) IN Q3 OF FINANCIAL YEAR 2021 OF EUR 3.0 MILLION (Q3
2020:
EUR 6.6 MILLION)
    * ASSUMES 2021 GROUP EARNINGS BEFORE INTEREST AND TAXES
(EBIT) OF
BETWEEN EUR 15 MILLION AND EUR 20 MILLION
    * SO FAR, AN EBIT OF EUR 20 MILLION TO EUR 24 MILLION WAS
EXPECTED

Source text for Eikon:  ID:nEQ6S7PtTa 
Further company coverage:  LEIG.DE 

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