Brief: Leifheit Sees 3% To 4% Increase In Turnover For 2019

Leifheit Aktiengesellschaft

28/03/2019 07:28

March 28 (Reuters) - Leifheit AG  LEIG.DE :
    * FY GROUP EBIT OF EUR 13.1 MILLION
    * CONSTANT DIVIDEND OF EUR 1.05 PER SHARE PROPOSED
    * FY TURNOVER OF EUR 234.2 MILLION, REPRESENTING A SLIGHT YEAR-ON-YEAR DECREASE (2017: EUR
236.8
MILLION)
    * PREDICTS A 3% TO 4% INCREASE IN TURNOVER FOR FINANCIAL YEAR 2019
    * AFTER DEDUCTION OF TAXES, LEIFHEIT GROUP ACHIEVED FY RESULT OF EUR 8.4 MILLION (2017: EUR
12.9
MILLION)
    * OUTLOOK 2019: PREDICTS EARNINGS BEFORE INTEREST AND TAXES (EBIT) OF AROUND EUR 9 MILLION
TO EUR
10 MILLION
    * NECESSARY INVESTMENTS WILL HAVE AN INITIAL NEGATIVE IMPACT ON RESULT IN 2019
    * NECESSARY INVESTMENTS WILL HAVE AN INITIAL NEGATIVE IMPACT ON RESULT IN 2019
    * WANTS TO CONSIDERABLY EXCEED SOLID GROWTH OF 6.8% ACHIEVED IN E-COMMERCE IN 2018 IN NEXT
FEW
YEARS
    * EXPECTS STRATEGIC MEASURES TO HAVE POSITIVE EFFECTS ON GROWTH AND RESULTS IN MEDIUM TERM

Source text for Eikon:  ID:nEQ4xzyJza 
Further company coverage:  LEIG.DE 

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