DGAP-Ad-hoc: Einhell Germany AG / Key word(s): Monthly Figures
Business development FY 2021
Einhell Germany AG (ISIN: DE 0005654933) which is listed under Prime Standard of Deutsche Börse AG announces the following: For the period January to March 2021, the Einhell Group generated revenues of € 229.6 million in comparison with the previous year of € 154.9 million. The growth in sales was achieved in all of the Group's relevant markets. Significant sales increases were especially achieved by our cordless Power X-Change devices. According to preliminary data the pre-tax yield amounts to around 7.5% (previous year: 5.2%). Despite the very positive business development in the first three month of financial year 2021 the board of directors will not improve its forecast. A crucial factor are the current challenges resulting from a significant increase in freight rates due to shortage of freight resources. Prices for sea freight to the destination ports relevant for Einhell have multiplied compared to 2020. At the same time, raw material prices have risen significantly. Both factors will have an impact on the performance in 2021. Landau/Isar, 21 April 2021 The Board of Directors
21-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Einhell Germany AG |
Wiesenweg 22 | |
94405 Landau/Isar | |
Germany | |
Phone: | +49 (0)9951-942-166 |
Fax: | +49 (0)9951-942-293 |
E-mail: | helmut.angermeier@einhell.com |
Internet: | www.einhell.com |
ISIN: | DE0005654933, DE0005654909 |
WKN: | 565493, 565490 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1187246 |
End of Announcement | DGAP News Service |
|
1187246 21-Apr-2021 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.