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Einhell Germany AG
ISIN: DE0005654933
WKN: 565493
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Einhell Germany AG · ISIN: DE0005654933 · EQS - adhoc news (29 News)
Country: Germany · Primary market: Germany · EQS NID: 1227036
17 August 2021 11:56AM

Einhell Germany AG: Financial figures July 2021 / Increase in forecast


DGAP-Ad-hoc: Einhell Germany AG / Key word(s): Monthly Figures/Change in Forecast
Einhell Germany AG: Financial figures July 2021 / Increase in forecast

17-Aug-2021 / 11:56 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


 

Financial figures July 2021 / Increase in forecast

 

Einhell Germany AG (ISIN: DE 0005654933) which is listed under Prime Standard of Deutsche Börse AG announces the following:

For the period January to July 2021, the Einhell Group generated revenues of € 544.3 million in comparison with the previous year of € 409.0 million. In July, revenues in amount of more than € 80 million were achieved.

The half-year figures as at June 30, 2021 will be published on August 23, 2021. In the first half of 2021 consolidated revenues amount to € 463.4 million (previous year: € 341.6 million). Earnings before taxes amount to € 37.7 million (previous year: € 23.3 million).

The business development which was much stronger than expected, especially in July and in the actual month August, initiates the Board of Directors to increase the forecast. Despite high prices for sea freight and risen raw material prices the BoD expects revenues of around € 830 million to € 850 million and a pre-tax yield of around 8.0 % for financial year 2021, now.

Landau/Isar, 17 August 2021

The Board of Directors


17-Aug-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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: 1227036

 
End of Announcement DGAP News Service

1227036  17-Aug-2021 CET/CEST

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