Leifheit AG · XETR:LEI
Leifheit — 9M 2026 Earnings Presentation
40 slides from Leifheit's earnings presentation, Nov 5, 2026
Slide 1: Investor Call 9M 2026
5 November 2026 INVESTOR CALL 9M 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: Changes in Management Board
CHANGES IN MANAGEMENT BOARD • Supervisory Board resolution: Management Board reduced from three to two members • Igor Iraeta Munduate (COO) leaves early by mutual agreement as of 31 December 2026 • Marco Keul has taken on responsibility for the operations divisions on the Management Board Alexander
Slide 4: Executive Summary: Growth and Efficiency Initiatives in a Challenging Market
EXECUTIVE SUMMARY: GROWTH AND EFFICIENCY INITIATIVES IN A CHALLENGING MARKET 9M 2026 Overview Group turnover Gross margin Group EBIT 169.1 m€ 45.5% -2.9 m€ -5.5% +1.8 pps <–100% FOCUS program Investing in brand growth Operational efficiency implementation as part of Leifheit Brand Improvement of 6.8
Slide 5: Weak Consumer Sentiment Continues to Weigh on Demand
WEAK CONSUMER SENTIMENT CONTINUES TO WEIGH ON DEMAND Consumer confidence index (CCI) GfK Consumer Climate index September 2026, EU October 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
Slide 6: Market Headwinds Weighed on Sales in Q3 2026
MARKET HEADWINDS WEIGHED ON SALES IN Q3 2026 Group turnover by segment, region in m€ Group Household Wellbeing Private Label • Group turnover decrease driven by weakening Turnover market conditions in the 169.1 140.0 8.2 20.9 in m€ core segments and Trend continued consumer -5.5% -6.7% -7.6% +4.2% 9
Slide 7: Challenging Market Conditions Continued in Q3
CHALLENGING MARKET CONDITIONS CONTINUED IN Q3 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 53 % -4.0 -7.8 -5.0 Challenging conditions continued in the third quarter • Weakening market conditions in Leifheit's c
Slide 8: Reliable Core Business: Mechanical Cleaning & Drying
RELIABLE CORE BUSINESS: MECHANICAL CLEANING & DRYING Turnover growth core business in m€ CAGR 2016-2025 4.1% Turnover 9M 2026 YoY: core: -5.7% 9M-Market 1: ~ -7% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2028 Decline in Core driven by declining market Mechanical cleaning & drying remain stru
Slide 9: Mixed Channel Performance: Discounters Weak, DIY & D2C Strong
MIXED CHANNEL PERFORMANCE: DISCOUNTERS WEAK, DIY & D2C STRONG Distribution channels Turnover 9M 2026 in % (previous year’s figures) Cash & Carry 2 (2) • Growth of 5% in DIY channel due Electro Others 4 (4) to successful marketing campaigns 3 (3) Discounter • D2C business shows significant growth – 6
Slide 10: 9M 2026 Financials
Investor Call 9M 2026 FINANCIALS Investor Presentation November 26 10
Slide 11: Further Gross Margin Improvement Partially Offsets Earnings Decline
FURTHER GROSS MARGIN IMPROVEMENT PARTIALLY OFFSETS EARNINGS DECLINE Group earnings development 9M 2025 9M 2026 ∆ 9M 2024 – 9M 2026 in m€ Group turnover m€ 179.0 169.1 -5.5% 12 10.3 Gross margin % 43.7 45.5 +1.8 pps 10 Gross margin before special 8 % 44.5 45.5 +1.0 pps 6.8 6.9 items1 6 5.4 Foreign cu
Slide 12: Continuous Improvements in Gross Margin
CONTINUOUS IMPROVEMENTS IN GROSS MARGIN From 2022 +6.8 pps YOY +1.8 pps FY 2022 FY 2023 FY 2024 FY 2025 9M 2025 9M 2026 Gross Margin % 38.7 42.1 44.5 45.1 43.7 45.5 LfL 45.7 LfL 44.5 LfL 45.5 Further significant improvement in gross margin to 45.5% in 9M 2026 (9M 2025: 43.7%) • productivity and effi
Slide 13: Free Cash Flow Reflects Growth Investments, Liquidity Remains Strong
FREE CASH FLOW REFLECTS GROWTH INVESTMENTS, LIQUIDITY REMAINS STRONG in m€ 9M 2025 9M 2026 ∆ Cash flow from operating activities 8.3 -0.2 -8.5 Cash flow from investment activities -4.9 -3.6 1.3 Cash flow from financing activities -15.0 -11.6 3.4 Free cash flow1 3.3 -3.8 -7.1 in m€ 30/09/2025 30/09/2
Slide 14: Solid Liquidity for Continued Strategy Execution
SOLID LIQUIDITY FOR CONTINUED STRATEGY EXECUTION Group liquidity 31/12/2025 vs. 30/09/2026 in m€ 40 • Significant improvement in 32.6 35 FCF achieved in Q3 2026 30 -0.7 (+3.5 m€ in Q3) 6.2 • FCF FY expected between -1 25 1.2 20.9 to -2 m€ 20 -11.0 -3.3 17.1 • No credit lines and/or debt 15 -2.7 -1.2
Slide 15: Attractive Capital Allocation: Clear Commitment to Shareholder Returns
Investor Call ATTRACTIVE CAPITAL ALLOCATION: CLEAR COMMITMENT TO SHAREHOLDER RETURNS Investor Presentation November 26 15
Slide 16: 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 17: Strategy Update
Investor Call STRATEGY UPDATE Investor Presentation November 26 17
Slide 18: Strong Vision: Leading with Focus. Creating Sustainable Value.
STRONG VISION: LEADING WITH FOCUS. CREATING SUSTAINABLE VALUE. Investor Presentation November 26 18
Slide 19: 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 20: FOCUS Strengthens Competitiveness and Unlocks at Least €8M Annual Savings
FOCUS STRENGTHENS COMPETITIVENESS AND UNLOCKS AT LEAST €8M 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 op
Slide 21: Headcount Optimization
HEADCOUNT OPTIMIZATION Headcount reduction 1000 965 944 <900 Strategic capacity alignment: 800 600 • 9M 2026 headcount 2.2% below previous ~ -7% year end’s level, reflecting efficiency 400 initiatives and optimisation • Reduction of up to 70 positions planned 200 under the FOCUS program until end 20
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 November 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- +22% w
Slide 24: Successful Black Line Extended to Continue Growth Momentum
SUCCESSFUL BLACK LINE EXTENDED TO CONTINUE GROWTH MOMENTUM +11% BLACK DIAMOND LINE extended to best-selling cleaning products Moving 09/2025 Moving 09/2026 BLACK DIAMOND LINE Investor Presentation November 26 24
Slide 25: Pegasus Rocksolid Sets Benchmark for Quality & Customer Value
PEGASUS ROCKSOLID SETS BENCHMARK FOR QUALITY & CUSTOMER VALUE Market launch successful Investor Presentation November 26 25
Slide 26: Outlook: FOCUS Program Affects Near-Term Earnings
Investor Call OUTLOOK: FOCUS PROGRAM AFFECTS NEAR-TERM EARNINGS, STRENGTHENS LONG-TERM PROFITABILITY Investor Presentation November 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 Forecast 2026: Sales growth: ~3-6% CAGR mechanical cleaning EBIT margin: ~7-10% ang drying Mid-single-digit sales decrease EBIT: -5 to -6 m€ Sales: >300 m€ EBIT before special items: 1 to 2 m€
Slide 29: 2026 Forecast Adjusted: Mid-Single-Digit Decrease in Turnover
2026 FORECAST ADJUSTED: MID-SINGLE- DIGIT DECREASE IN TURNOVER WITH EARNINGS IMPACTED BY ONE-OFF EFFECTS Forecast 2026 Group turnover mid-single-digit decrease (2025: 232.6 m€) Turnover Household mid-single-digit decrease (2025: 193.0 m€) Turnover Wellbeing high-single-digit decrease (2025: 12.6 m€)
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 November 26 31
Slide 32: Annex
ANNEX Investor Presentation November 26 32
Slide 33: 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 12% 1% Germany Laundry Care Eastern 39% 49% Europe Turnover by product 14% Turnover by region category
Slide 34: 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 35: 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 36: 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 37: 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 38: 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 39: Significant Free Float and International Investors
Annex SIGNIFICANT FREE FLOAT AND INTERNATIONAL INVESTORS Shareholder structure November 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% 0.05% Employee shares subject to a lock-up period 0.05% Alantr
Slide 40: Financial Calendar and Contact
Annex FINANCIAL CALENDAR AND CONTACT Financial calendar Contact 23-24 November 2026 Corporate Communications / Investor Relations German Equity Forum 2026, Frankfurt/Main Phone: +49 2604 977-218 31 March 2027 E-Mail: ir@leifheit.com Annual Report 2026 & Analyst Conference 5 May 2027 Quarterly statem