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DGAP-News: Leifheit AG / Key word(s): Development of Sales/Product Launch Leifheit AG: Preliminary figures for 2013 show slight growth

06.02.2014 / 10:00

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PRESS RELEASE

Leifheit: Preliminary figures for 2013 show slight growth

- Adjusted group turnover rises 1.0% - Brand Business grows, Volume Business remains stable - At 27.7% E-Commerce sales channel continues to achieve high growth rates - In 2014 Leifheit is concentrating on brands and margin

Nassau, 6 February 2014 - According to preliminary calculations, the Leifheit Group achieved adjusted sales totalling EUR 219.5 million in the financial year 2013, an increase of 1.0% on the previous year. Without the adjustment of the terminated business with Dr Oetker Bakeware, group turnover is expected to be EUR 220.9 million.

Whilst in the financial year of 2013 demand in the domestic market of Germany remained stable, satisfactory growth rates in Leifheit's Central European focus countries of France, Austria, Czech Republic and Scandinavia were the reason behind the slightly positive turnover development in the Leifheit Group. In contrast, decreases in demand slowed business development in the Netherlands, Italy and Russia.

Brand Business +1.1%, Volume Business +0.4%

In 2013, the Brand Business, the larger of the two Leifheit business areas, grew 1.1% on the previous year with a turnover of EUR 172.8 million. This area includes the brands Leifheit and Soehnle. In the volume business segment, in which the activities of the subsidiaries Birambeau and Herby as well as the Project Business are bundled, the preliminary figures for 2013 show a turnover increase of 0.4% to EUR 46.7 million.

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PRESS RELEASE: Leifheit AG: Preliminary figures for 2013 show slight growth