Leggett & Platt Incorporated : Company Update May 2025
LEG
Published on 05/23/2025 at 08:07
Company Update
May 2025
LEG (NYSE)
https://www.leggett.com
A diversified manufacturer that designs and produces a broad variety of engineered components and products
Leggett at a Glance
Strong competitive positions with
broad customer base
Few large competitors
Large addressable markets
Solid operating cash flow • Long history of strong cash generation to support investment in
our business and shareholder returns
Prioritizing balance sheet health • Investment grade credit rating
Long-term leverage target of 2.0x Net Debt to Adjusted EBITDA
Engaged management team • Deep company knowledge and understanding of our diverse
portfolio of businesses
Commitment to sustainability through our people, our products, and our processes
Focused on improving long-term
profitability
Solid execution of restructuring plan and operational efficiency improvements continues
At a Glance: Diverse Portfolio
Product Mix
(based on 2025 estimated net trade sales)
Geographic Split
(based on production)
Bedding 39%
Automotive 20%
Aerospace 5%
China 10%
Canada 7%
Mexico 5%
Others 3%
Hydraulic Cylinders 4%
Work Furniture 6%
Europe 15%
U.S. 60%
Flooring & Textiles 20%
Home Furniture 6%
At a Glance: Segments
Bedding Products
Specialized Products
Furniture, Flooring & Textile Products
39% of 2025e net trade sales 29% of 2025e net trade sales 32% of 2025e net trade sales
Components
Mattress springs
Specialty bedding foams
Semi-finished mattresses
Drawn steel wire
Steel rod
Finished Products
Private label compressed mattresses
Mattress toppers and pillows
Adjustable beds
Foundations
Automotive
Auto seat support and lumbar systems
Motors, actuators, and cables
Aerospace
Tubing
Tube assemblies
Flexible joints
Hydraulic Cylinders
Hydraulic cylinders primarily for material handling, transportation, and heavy construction equipment
Home Furniture
Recliner mechanisms
Seating and sofa sleeper components
Work Furniture
Chair controls, bases, frames
Private label finished seating
Flooring Products
Carpet cushion
Hard surface underlayment
Textile Products
Textile converting
Geo components
Disclaimer
Leggett & Platt Inc. published this content on May 23, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 23, 2025 at 12:06 UTC.