16.04.2015
Einhell Germany AG DE0005654933
DGAP-Adhoc: Einhell Germany AG: Financial figures for the year 2014 are confirmed / supervisory board changes
Einhell Germany AG / Key word(s): Final Results/Change of Personnel
16.04.2015 13:54
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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"Ad hoc announcement according to § 15 WpHG"
Financial figures for the year 2014 are confirmed / supervisory board
changes
Einhell Germany AG (ISIN: DE 0005654933) which is listed under Prime
Standard of Deutsche Börse AG announces the following:
The annual financial accounts of the Einhell-Group for the year 2014 have
been confirmed by the supervisory board.
In the business year 2014, the Einhell-Group generated revenues of EUR
416.4 million in comparison with the previous year of EUR 416.3 million.
Ozito Industries Pty Ltd which was acquired in 2013 generated revenues of
EUR 73.2 million (previous year EUR 37.9 million).
Earnings before tax amount to EUR 5.1 million (previous year EUR 4.0
million) with a pre-tax yield of 1.2% (previous year 1.0%). Without
considering effects out of the Purchase Price Allocation earnings before
tax amount to EUR 8.1 million with a pre-tax yield of 1.9%.
An EBIT-Yield of 2.0% (previous year 1.6%) in relation to the turnover has
been obtained in the business year 2014. The EBIT increased in comparison
with the previous year and amounts to EUR 8.4 million (previous year EUR
6.6 million).
The net income after minority's interest amounts to EUR 1.6 million
(previous year EUR 2.1 million).
The profit per share after minority's is calculated to EUR 0.4 (previous
year EUR 0.6).
The board of directors and the supervisory board will propose at the
general meeting on 17 June 2015, a dividend of EUR 0.40 per preferred share
and EUR 0.34 per common share.
The Einhell-Group continues to show up a very solid balance sheet structure
with an equity-ratio of 54.4%.
At the supervisory board meeting on 16 April 2015 Josef Thannhuber,
chairman of the supervisory board, has declared that he will resign from
the supervisory board for private reasons at the end of the annual general
meeting on 17 June 2015. His replacement as chairman of the supervisory
board should be the actual vice-chairman of the supervisory board
Univ.-Prof. Dr.-Ing. Dr.-Ing. E.h. Dr. h.c. Dieter Spath. For the vacant
seat at the supervisory board after resignation of Mr. Josef Thannhuber,
Philipp Thannhuber will be suggested on annual general meeting on 17 June
2015 for vote.
Forecast:
For the business year 2015, the Einhell-Group assumes an increase in
turnover to around EUR 420 million and profitability before taxes of around
2% - 2.5%.
Landau/Isar, 16 April 2015
The Board of Directors
16.04.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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: [email protected]
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
End of Announcement DGAP News-Service
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