Leifheit : Investor and analyst’s presentation H1 2023
August 10, 2023 at 08:04 am EDT
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Investor Presentation Q2 2023
Disclaimer
This presentation contains forward-looking statements which are based on the management's current estimates with regard to future developments. Such statements are subject to risks and uncertainties which are beyond Leifheit's ability to control or estimate precisely, such as statements on the future market environment and economic conditions, the behavior of other market participants and government measures.
If one of these uncertain or unforeseeable factors occurs or the assumptions on which these statements are based prove inaccurate, actual results could differ materially from the results cited explicitly or contained implicitly in these statements. Leifheit neither intends to, nor does it accept any specific obligation to update forward-looking statements to reflect events or developments after the date of this presentation.
Leifheit AG shall not assume any warranty for the information provided in this presentation being up-to-date, accurate, complete or of good quality or for the suitability of the information for specific purposes.
Any liability of Leifheit AG for loss caused by the use or non-use of the information provided or by wrong or incomplete information is excluded.
Investor Presentation
August 2023
2
Changes in the Managing Board
Stefan De Loecker
CEO a.i.
Previous experience
More than 30 years of experience in management positions in the global consumer goods sector at companies such as the Nestlé Group, most recently as CEO at Beiersdorf
Core competencies
General management, brand building, innovation and market launch strategies
Igor Iraeta Munduate
COO
Previous experience
Many years of experience as CTO at Igus GmbH and Stoba Präzisionstechnik
Various technical management positions at Robert Bosch GmbH
Core competencies
Digitalization, IoT, Industry 4.0, implementation of lean production systems, agile "Scrum" methods
Marco Keul
CFO
Previous experience
Resp. for Controlling, IT/Business processes and internal sales services as Vice president finance at Leifheit AG
Years of experience as Head of Controlling at Leifheit AG
Core competencies
IT, Finance & Controlling
Investor Presentation
August 2023
3
H1 2023 consumer climate still very unfavorable - we expect consumer demand in Europe to remain depressed, especially for non-food household products
GfK consumer climate index
Source: GfK
Investor Presentation
August 2023
4
Declines in procurement costs in 2023 vs. peak in 2022, but raw material and energy prices remain at high levels
• Average price increase of main raw materials approx. +40% vs. 2020*
• Raw material costs will not reach level of 2019/20 in the short term, there is a "New Normal" at a higher level
• Currency differences between the Euro and the Dollar/RMB led to approx. 10% higher purchasing costs from Asia
*Calculation basis: average price 2020 vs. price as of July 2023
Investor Presentation
August 2023
5
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Leifheit AG published this content on 10 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2023 12:03:09 UTC.
Leifheit AG is a Germany-based manufacturer of household products, with focus on cleaning, laundry care, kitchen goods and wellbeing. It operates through two segments: Brand Business and Volume Business. The Brand Business segment focuses on the distribution of products under the Leifheit and Soehnle brands. The Brand Business segment includes the French subsidiaries Birambeau and Herby as well as the Project Business. Through the Leifheit brand the Company offers storage solutions for kitchen utensils, meal preparation tools, ironing and drying equipment, as well as cleaning equipment, and through the Soehnle brand the Company provides body analysis scales, kitchen sales, heat pillows and blankets and room fragrances.