Leifheit AG · XETR:LEI
Leifheit — Spring Conference 2019, Frankfurt/Main
33 slides from Leifheit's conference presentation, May 14, 2019
Slide 1: Spring Conference 2019
Corporate Design Die neuen Powerpoint Vorlagen Spring Conference 2019
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: Agenda
Agenda • Introduction to Leifheit • Financial Figures Q1 2019 • Financial Figures FY 2018 • Key strategic initiatives • Forecast Financial Year 2019 • Investment Highlights • Annex Spring Conference May 2019 3
Slide 4: Introduction to Leifheit
Introduction to Leifheit
Slide 5: Tradition – Innovation – Vision
Introduction to Leifheit Tradition – Innovation – Vision 2019 1959 Spring Conference May 2019 5
Slide 6: We are your leading experts for solutions at home
Introduction to Leifheit “We are your leading experts for solutions that make your everyday life at home more easy and convenient” Leifheit Group Household Wellbeing Private Label • High-quality branded products with a high degree of consumer • Products in mid-price benefit, mid to upper price segme
Slide 7: One of the leading suppliers of household products in Europe
Introduction to Leifheit One of the leading suppliers of household products in Europe Cleaning Laundry care 34 % Turnover share 40 % Turnover share Easy and convenient solution Laundry dryers, ironing boards and storage for every cleaning demand for fresh, clean and well-kept laundry Kitchen goods W
Slide 8: Experienced Management Board
Introduction to Leifheit Experienced Management Board Ivo Huhmann Igor Iraeta Munduate Henner Rinsche CFO & CO-CEO ad interim COO & CO-CEO ad interim CEO from 1 June 2019 born 1969 born 1974 born 1971 Previous experience Previous experience Previous experience • Many years of management • Many years
Slide 9: Present in leading distribution channels
Introduction to Leifheit Present in leading distribution channels TOP-10 clients (50 % of turnover) Turnover by distribution channel in € m 80 60 Turnover share E-Commerce 15 % 40 20 0 Discounter Hypermarkets Electro DIY Cash&Carry E-Commerce Retail-/Whole sale, Others Importers/Exporters Department
Slide 10: Operating in more than 80 countries with 15 own branches
Introduction to Leifheit Operating in more than 80 countries with 15 own branches Paris/F (Leifheit/Birambeau) Nassau/D (Leifheit/Soehnle) • About 80 employees • About 320 employees • Marketing, sales • Marketing, sales, development, quality and administration assurance, central administration • Man
Slide 11: Financial Figures Q1 2019
Financial Figures Q1 2019
Slide 12: Positive start in 2019 – figures within the forecast range
Financial Figures Q1 2019 Positive start in 2019 – figures within the forecast range 3M 2018 3M 2019 ∆ Group Turnover €m 62.2 64.3 3.4 % Gross margin % 44.6 42.9 -1.7 PP Foreign currency results €m -0.1 0.5 >100 % EBIT €m 4.7 3.9 -17.2 % EBIT margin % 7.5 6.0 -1.5 PP Earnings before taxes (EBT) €m 4
Slide 13: Significant growth in Central and Eastern Europe
Financial Figures Q1 2019 Significant growth in Central and Eastern Europe Group turnover by region Group turnover by region 3M 2018 vs 3M 2019 in € m 3M 2019 35 30.3 3.0 % 28.8 Q1 2018 13.2 % Germany 30 Q1 2019 44.7 % 25.2 Central Europe 25 23.6 Eastern Europe 20 Rest of the 39.1 % world 15 10 8.5
Slide 14: Growth in all business segments
Financial Figures Q1 2019 Growth in all business segments Group turnover by segment Group turnover by segment 3M 2018 vs 3M 2019 in € m 3M 2019 Private Label 11.0 % 70 64.3 80.9 % Household 62.2 Wellbeing 8.1% Wellbeing 60 6.9 7.0 5.2 Private Label 4.8 Household 50 40 30 50.5 52.1 • Solid growth in
Slide 15: Financial Figures FY 2018
Financial Figures FY 2018
Slide 16: Successful implementation of strategic projects
Highlights Financial Year 2018 Successful implementation of strategic projects Solid E-Commerce Significant sales growth New Pan-European growth in Eastern Europe pricing framework Successful launch of Cleaning category grown Turnaround new products significantly in Wellbeing segment Spring Conferen
Slide 17: At a glance
Highlights Financial Year 2018 At a glance 2017 2018 ∆ Group Turnover €m 236.8 234.2 -1.1 % Gross margin % 46.4 43.6 -2.8 PP Foreign currency results €m -1.5 0.3 >100 % EBIT €m 18.8 13.1 -30.7 % EBIT margin % 8.0 5.6 -2.4 PP Earnings before taxes (EBT) €m 17.7 11.9 -32.7 % Net result for the period
Slide 18: Strong domestic market and growth in Eastern Europe
Financial Figures FY 2018 Strong domestic market and growth in Eastern Europe Group turnover by region Group turnover by region FY 2017 vs FY 2018 in € m FY 2018 120 102.9 3.0 % 97.6 100.7 2017 12.3 % Germany 100 96.9 41.7 % 2018 Central Europe 80 Eastern Europe Rest of the 60 43.0 % world 40 28.9 2
Slide 19: Committed to shareholder returns – 1.05 € dividend proposed
Financial Figures FY 2018 Committed to shareholder returns – 1.05 € dividend proposed to the AGM Long-term dividend development Dividend yield 2 Dividend per share / in € 2018: 5,9 % 2014: 3,9 % 2017: 3,8 % 2013: 5,3 % 2016: 5,1 % 2012: 5,2 % 2015: 5,6 % 2011: 6,3 % 1,50 2018: 1.05 €1 1,00 0,50 -1 0
Slide 20: Key strategic initiatives 2019
Key strategic initiatives 2019
Slide 21: Trends and market environment offer attractive growth opportunities
Key strategic initiatives Trends and market environment offer attractive growth opportunities Demographic change E-Commerce Convenience More private households, High growth rates Demand-oriented product rising proportion of older for household innovation through systematic population & higher qualit
Slide 22: Strengthening strategy to consistently address growth themes
Key strategic initiatives Strengthening strategy to consistently address growth themes Interlock Online and Drive consumer- International Increased efficiency Offline sales oriented product geographic and speed from channels, establish innovations and expansion, processes and IT Pan-European renewal
Slide 23: Expansion of E-Commerce activities through European platform
Key strategic initiatives Expansion of E-Commerce activities through European platform Interlocking of Create best in class online/offline consumer communication sales channels and service Launch of new Analysis of customer data Online-Shops to better understand their in core markets needs Spring Co
Slide 24: Internationalization: Increased investments in Eastern Europe
Key strategic initiatives Internationalization: Increased investments in Eastern Europe • Expansion of brands through targeted sales activities • Focus on selected Eastern European markets with attractive growth opportunities • Increased investments in Poland, Czech Republic, Romania and Slovakia •
Slide 25: Product and Brand Initiatives 2019
Product and Brand Initiatives 2019
Slide 26: Product and Brand Initiatives 2019
Product and Brand Initiatives 2019
Slide 27: Product and Brand Initiatives 2019
Product and Brand Initiatives 2019 Spring Conference May 2019 27
Slide 28: Product and Brand Initiatives 2019
Product and Brand Initiatives 2019 Spring Conference May 2019 28
Slide 29: Product and Brand Initiatives 2019
Product and Brand Initiatives 2019 Expansion of blood pressure monitors range Systo Monitor 180 Expansion of Soehnle Connect Scales range Shape Sense Connect Expansion of Air treatment range Bari Design Aroma Diffuser Spring Conference May 2019 29
Slide 30: Forecast Financial Year 2019
Forecast Financial Year 2019
Slide 31: 2019: Leifheit targets turnover growth of 3 to 4 %
Financial Forecast 2019: Leifheit targets turnover growth of 3 to 4 % Economic ► Slowdown in growth due to increasing global and economic tensions environment ► Economic slowdown in the EU despite good domestic demand 2019 ► Retail trade growth in Germany weak ► European consumers' propensity to con
Slide 32: Investment Highlights
Investment Highlights Long-standing Excellent Non-cyclical Strong brands Innovation track record product quality business Leifheit and capability For 60 years one of High-quality innovative Leifheit products Soehnle Demand-oriented the leading suppliers products for cleaning, used every day High awa
Slide 33: Your questions please!
Corporate Design Die neuen Powerpoint Vorlagen Your questions please!