Higher raw material prices and delivery bottlenecks as a result of the corona pandemic put a strain on the business of household goods manufacturer Leifheit in the third quarter.
"The distortions in the global supply chains will also remain a challenge for the coming months," announced Leifheit AG on Thursday in Nassau.
According to preliminary calculations, earnings before interest and taxes (EBIT) from July to September were 3.0 million euros - after 6.6 million euros in the same quarter of the previous year.
Nassau - The bottom line was not disclosed.
Assume now an annual group result (EBIT) between 15 and 20 million euros.
So far, an EBIT of 20 to 24 million euros had been expected.
The sales forecast remains unchanged.
It is expected that group sales will continue to grow by at least five percent compared to the previous year, it said.
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VCI Nordost expects sales growth and investments
The industry association sees the East German pharmaceutical and chemical industry on the way out of the Corona crisis.
Companies want to expand and renew their production.
There are still worries.
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In 2020, the Leifheit Group's turnover was 271.6 million euros.
The EBIT was 18.8 million euros.
The company, founded in 1959, employs around 1100 people.
dpa
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