Leifheit Ag · XETR:LEI
Leifheit — H1 2026 Earnings Presentation
41 slides from Leifheit's earnings presentation, Aug 6, 2026
Slide 1: Investor Call 6M 2026
6 August 2026 INVESTOR CALL 6M 2026
Slide 2: Disclaimer
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 o
Slide 3: Executive Summary: Growth and Efficiency Initiatives in a Challenging Market
EXECUTIVE SUMMARY: GROWTH AND EFFICIENCY INITIATIVES IN A CHALLENGING MARKET 6M 2026 Overview Group turnover Gross margin Group EBIT 116.3 m€ 46.2% -2.7 m€ -5.8% +2.4 pps <–100% FOCUS program 2026 Forecast adjusted Investing in brand growth launched Group turnover slightly as part of Leifheit Brand
Slide 4: Weak Consumer Sentiment Continues to Weigh on Demand
WEAK CONSUMER SENTIMENT CONTINUES TO WEIGH ON DEMAND Consumer confidence index (CCI) GfK Consumer Climate index June 2026, EU July 2026, Germany Source: https://www.oecd.org/en/data/indicators/consumer-confidence-index-cci.html Source: NIM Consumer Climate powered by GfK, co-financed by the EU Commi
Slide 5: H1 2026 Turnover: Weak Market Conditions Outweighed Targeted Marketing Initiatives
H1 2026 TURNOVER: WEAK MARKET CONDITIONS OUTWEIGHED TARGETED MARKETING INITIATIVES Group turnover by segment, region in m€ • Group turnover decrease Group Household Wellbeing Private Label driven by weakening market conditions in the Turnover core segments and 116.3 97.8 5.2 13.3 in m€ continued con
Slide 6: Challenging Market Conditions Intensified in Q2
CHALLENGING MARKET CONDITIONS INTENSIFIED IN Q2 Group turnover development by quarters in m€ Q1 Q2 Q3 Q4 2024 m€ 66 69 66 58 2025 m€ 64 60 56 54 % -3.3 -13.6 -15.5 -8.2 2026 m€ 61 55 % -4.0 -7.8 Challenging conditions intensified in the second quarter • Weakening market conditions in Leifheit's core
Slide 7: Reliable Core Business: Mechanical Cleaning & Drying
RELIABLE CORE BUSINESS: MECHANICAL CLEANING & DRYING Turnover growth core business in m€ CAGR 2016-2025 4.1% Turnover 6M 2026 YoY: core: -5.6% non-core: -6.2% Market 1: <-5% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2027 Decline in Core driven by declining market Mechanical cleaning & drying
Slide 8: Mixed Channel Performance: Discounters Weak, DIY & D2C Strong
MIXED CHANNEL PERFORMANCE: DISCOUNTERS WEAK, DIY & D2C STRONG Distribution channels Turnover 6M 2026 in % (previous year’s figures) Cash & Carry 2 (2) • Growth of 7.5% in DIY channel due Electro Others 4 (5) to successful marketing campaigns 3 (3) Discounter • D2C business shows significant growth –
Slide 9: 6M 2026 Financials
Investor Call 6M 2026 FINANCIALS Investor Presentation August 26 9
Slide 10: Further Gross Margin Improvement Partially Offsets Earnings Decline
FURTHER GROSS MARGIN IMPROVEMENT PARTIALLY OFFSETS EARNINGS DECLINE Group earnings development 6M 2025 6M 2026 ∆ 6M 2024 – 6M 2026 in m€ Group turnover m€ 123.4 116.3 -5.8% 7.0 7 Gross margin % 43.8 46.2 +2.4 pps Gross margin before special 4.7 % 45.3 46.2 +0.9 pps 5 items1 3.8 Foreign currency resu
Slide 11: Continuous Improvements in Gross Margin
CONTINUOUS IMPROVEMENTS IN GROSS MARGIN YOY +2.4 pps FY 2022 FY 2023 FY 2024 FY 2025 6M 2025 6M 2026 Gross Margin % 38.7 42.1 44.5 45.1 43.8 46.2 LfL 45.7 LfL 45.3 LfL 46.2 Further significant improvement in gross margin to 46.2% in 6M 2026 (6M 2025: 43.8%) • productivity and efficiency increase in
Slide 12: Free Cash Flow Reflects Growth Investments, Liquidity Remains Strong
FREE CASH FLOW REFLECTS GROWTH INVESTMENTS, LIQUIDITY REMAINS STRONG in m€ 6M 2025 6M 2026 ∆ Cash flow from operating activities -0.4 -5.1 -4.7 Cash flow from investment activities -3.7 -2.2 1.5 Cash flow from financing activities -14.9 -11.4 3.5 Free cash flow1 -4.1 -7.3 -3.2 in m€ 30/06/2025 30/06
Slide 13: Solid Liquidity for Continued Strategy Execution
SOLID LIQUIDITY FOR CONTINUED STRATEGY EXECUTION Group liquidity 31/12/2025 vs. 30/06/2026 in m€ 40 • No credit lines and/or debt 32.6 4.1 35 • Strong financial position 1.2 30 supports strategy execution -2.4 -3.3 25 and dividend capacity -4.3 -2.3 -0.3 -0.5 20 • Seasonally increased 13.9 working c
Slide 14: Attractive Capital Allocation: Clear Commitment to Shareholder Returns
Investor Call ATTRACTIVE CAPITAL ALLOCATION: CLEAR COMMITMENT TO SHAREHOLDER RETURNS Investor Presentation August 26 14
Slide 15: Commitment to Shareholder Value and Capacity for Dividend Payment
COMMITMENT TO SHAREHOLDER VALUE AND CAPACITY FOR DIVIDEND PAYMENT • Solid liquidity position without any liabilities to banks Attractive • Strong equity ratio Promoting dividend policy: innovation • Capital reduction through ~75% Share + preserve redemption of treasury shares in of free cashflow buy
Slide 16: Strategy Update
Investor Call STRATEGY UPDATE Investor Presentation August 26 16
Slide 17: Strong Vision: Leading with Focus. Creating Sustainable Value.
STRONG VISION: LEADING WITH FOCUS. CREATING SUSTAINABLE VALUE. Investor Presentation August 26 17
Slide 18: 2026: Next Phase of Strategy Execution
2026: NEXT PHASE OF STRATEGY EXECUTION Leifheit Brand FOCUS FOCUS Relaunch performance program company • Sharper positioning • Optimizing processes and costs • Review of strategic options for selected • Strong product innovations • Improving operational flexibility subsidiaries advanced • Targeted m
Slide 19: Strategic Measures Increase Operational Efficiency & Resilience
STRATEGIC MEASURES INCREASE OPERATIONAL EFFICIENCY & RESILIENCE 2024 2025 2026 Implementation of Consolidation New marketing Lean Central of injection Implement- Performance Program and sales production for European ation of organization D2C business logistics hub moulding at CZ site SAP S/4HANA FOC
Slide 20: FOCUS Strengthens Competitiveness and Unlocks €7.5M Annual Savings
FOCUS STRENGTHENS COMPETITIVENESS AND UNLOCKS €7.5M ANNUAL SAVINGS Strategic Goals • Accelerate strategy “LEADING WITH FOCUS.” • Increase customer focus and agility • Strengthen competitiveness and resilience • Create the platform for profitable growth 2026 Measures Implementation of • New operating
Slide 21: Headcount Optimization
HEADCOUNT OPTIMIZATION Headcount reduction 1,004 1000 959 ~7% <900 Strategic capacity alignment: 800 600 • H1 2026 headcount 4.5% below previous year’s level, reflecting efficiency initiatives 400 and lower utilization • Additional reduction of up to 70 positions 200 planned under the FOCUS program
Slide 22: Brand Relaunch to Drive Stronger Sell-Out
BRAND RELAUNCH TO DRIVE STRONGER SELL-OUT Drive sell-out with • stronger benefit focus • clearer, more impactful brand presentation • stronger POS presence Investor Presentation August 26 22
Slide 23: Superduster Proves Growth Potential of Consumer-Relevant Innovation
SUPERDUSTER PROVES GROWTH POTENTIAL OF CONSUMER-RELEVANT INNOVATION Strong growth in biggest segment of dust cleaning Market growth in last years driven by dust segment; high relevance of in between cleaning for consumers Strong POD within category Sustainable solution with reusable, machine- +82% w
Slide 24: Successful Black Line Extended to Continue Growth Momentum
SUCCESSFUL BLACK LINE EXTENDED TO CONTINUE GROWTH MOMENTUM +19% BLACK DIAMOND LINE extended to best-selling cleaning products Moving 06/2025 Moving 06/2026 BLACK DIAMOND LINE Investor Presentation August 26 24
Slide 25: Pegasus Rocksolid Sets Benchmark for Quality & Customer Value
PEGASUS ROCKSOLID SETS BENCHMARK FOR QUALITY & CUSTOMER VALUE Market launch in October 2026 Investor Presentation August 2026 25
Slide 26: Outlook: FOCUS Program Affects Near-Term Earnings, Strengthens Long-Term Profitability
Investor Call OUTLOOK: FOCUS PROGRAM AFFECTS NEAR-TERM EARNINGS, STRENGTHENS LONG-TERM PROFITABILITY Investor Presentation August 26 26
Slide 27: 2026: More Challenging Environment – Clear Strategic Response
2026: MORE CHALLENGING ENVIRONMENT – CLEAR STRATEGIC RESPONSE CHALLENGING ECONOMIC GROWTH: ACTIVELY EFFICIENCY AND ENVIRONMENT DRIVING DEMAND RESILIENCE • Middle East conflict impact • Clear focus on core business • FOCUS program strengthens remains highly uncertain and mechanical cleaning and the G
Slide 28: Executing Our Strategy to Achieve Vision 2030+
EXECUTING OUR STRATEGY TO ACHIEVE VISION 2030+ Vision 2030+ European branded Mid-term potential: leader in Sales growth: ~3-6% CAGR mechanical cleaning EBIT margin: ~7-10% ang drying Forecast 2026: Slight sales decrease Sales: >300 m€ EBIT: 0 m€ EBIT-Margin: >10% FCF: 0 m€ Actual 2025: Sales: 233 m€
Slide 29: 2026 Forecast Adjusted: Slight Decrease in Turnover with Earnings Impacted by One-Off Effects
2026 FORECAST ADJUSTED: SLIGHT DECREASE IN TURNOVER WITH EARNINGS IMPACTED BY ONE-OFF EFFECTS Forecast 2026 Group turnover slight decrease (2025: 232.6 m€) Turnover Household slight decrease (2025: 193.0 m€) Turnover Wellbeing mid single-digit decrease (2025: 12.6 m€) Turnover Private Label high sin
Slide 30: Leifheit Positioned for Profitable Growth and Attractive Shareholder Returns
LEIFHEIT POSITIONED FOR PROFITABLE GROWTH AND ATTRACTIVE SHAREHOLDER RETURNS Strong brand in attractive core Potential to expand: categories: strong brand, growth potential in Europe, become European branded leader and growth from Innovation and new e-com | specialist in strong core business digital
Slide 31: Your Questions, Please.
Investor Call YOUR QUESTIONS, PLEASE. Investor Presentation August 26 31
Slide 32: Annex
ANNEX Investor Presentation August 26 32
Slide 33: Experienced Management Board
Annex EXPERIENCED MANAGEMENT BOARD Alexander Igor Iraeta Marco Reindler Munduate Keul CEO COO CFO Previous experience Previous experience Previous experience • Brings more than 25 years of • Many years of experience as CTO at Igus • Responsible for Controlling, IT/Business international experience i
Slide 34: Leifheit Group Structure
Annex LEIFHEIT GROUP STRUCTURE Household Wellbeing Private Label Kitchen Standing Laundry Care Cleaning Kitchen Goods Kitchen + Personal Scales Goods Dryers Wellbeing 5% Rest of Kitchen Goods World 11% 1% Germany Laundry Care Eastern 40% 49% Europe Turnover by product 14% Turnover by region category
Slide 35: Long-Term Financial Overview
Annex LONG-TERM FINANCIAL OVERVIEW 2021 2022 2023 2024 2025 Group turnover m€ 288.3 251.5 258.3 259.2 232.6 Profitability Gross margin % 42.3 38.7 42.1 44.5 45.1 Cash flow from operating activities m€ 16.4 14.0 20.8 28.5 15.6 Free cash flow m€ 9.6 8.8 12.1 14.2 6.4 EBIT m€ 20.1 2.8 6.0 12.1 10.0 EBI
Slide 36: Long-Term Financial Overview
Annex LONG-TERM FINANCIAL OVERVIEW 2021 2022 2023 2024 2025 Per share Net result for the period, EPS1 € 1.49 0.13 0.34 0.85 0.68 Free cash flow € 1.00 0.92 1.27 1.51 0.70 Dividend € 1.05 0.70 0.95 1.15 0.502 Special dividend € -- -- 0.10 0.05 0.702 Investments m€ 7.3 5.4 8.9 14.5 9.6 Depreciation m€
Slide 37: European Production & Logistic Footprint Strengthens Resilience
Annex EUROPEAN PRODUCTION & LOGISTIC FOOTPRINT STRENGTHENS RESILIENCE Paris/F (Leifheit/Birambeau) Nassau/D (Leifheit/Soehnle) • About 20 employees • About 260 employees • Marketing, sales • Marketing, sales, development, quality and administration assurance, central administration • Manufacturing o
Slide 38: Leifheit – Over 65 Years of Ideas That Make Life Easier
Annex LEIFHEIT – OVER 65 YEARS OF IDEAS THAT MAKE LIFE EASIER 2010 1984 • Sale of the business unit ‘bathroom’ • IPO of Leifheit AG including the brands Spirella, Kleine Wolke and Meusch 1988 2008 • License agreement for 2024 Dr Oetker Bakeware • Takeover of 60% New corporate strategy of Herby/F • A
Slide 39: European Competitors by Category
Annex EUROPEAN COMPETITORS BY CATEGORY Cleaning Laundry care Spontex Brabantia Vileda Artweger Rival Tonkita Swiffer Juwel Wenko Gimi Stewi Vileda Metaltex Rörets Kärcher Blome Kitchen goods Wellbeing Tescoma WMF Gefu Bosch Laica Tanita Zyliss Rösle Oxo Lurch ADE Homedics Fackelmann Sanitas Beurer B
Slide 40: Significant Free Float and International Investors
Annex SIGNIFICANT FREE FLOAT AND INTERNATIONAL INVESTORS Shareholder structure June 2026 MKV Verwaltungs GmbH, Grünwald (GER) 10.94%3 10.94% Ruthild Loh, Haiger (GER) 9.01%3 0.40% Leifheit AG Nassau (GER), treasury shares 0.40% 9.01% 0.11% Employee shares subject to a lock-up period 0.11% 47.12% Ala
Slide 41: Financial Calendar and Contact
Annex FINANCIAL CALENDAR AND CONTACT Financial calendar Contact 31 August – 1 September 2026 Corporate Communications / Investor Relations Equity Forum – Fall Conference 2026, Frankfurt/Main Phone: +49 2604 977-218 5 November 2026 E-Mail: [email protected] Quarterly statement for the period ending 30