22.11.2016
Einhell Germany AG DE0005654933
DGAP-News: Einhell Germany AG: Financial figures from January to September 2016
DGAP-News: Einhell Germany AG / Key word(s): Quarter Results/Quarter Results
Einhell Germany AG: Financial figures from January to September 2016
22.11.2016 / 12:40
The issuer is solely responsible for the content of this announcement.
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Information of the Einhell-Group
Financial figures from January to September 2016
Significant increase in turnover
From January to September 2016, the EINHELL Group generated revenue of EUR
373.9 million (previous year: EUR 347.9 million). Revenue is thus
considerably above the prior-year level.
Increase in turnover was recorded in all major regions. In particular, in
the D/A/CH region (Germany, Austria, Switzerland), revenue increased to EUR
159.6 million (previous year: EUR 146.1 million).
Revenue in the rest of Europe rose to EUR 124.3 million (previous year: EUR
111.8 million). France, Italy and the UK are among the largest sales
markets here.
Positive segment development
In the Tools segment, revenue amounted to EUR 220.0 million in the first
nine months of the 2016 financial year (previous year: EUR 203.1 million).
The most significant sales in this segment were generated by products in
the electric power tools, compressed air technology and wood processing
ranges.
In the Garden & Leisure segment, revenue came out to EUR 153.9 million
(previous year: EUR 144.8 million). High revenues were mainly generated
with lawn and garden care products. Lawn mowers, products from the tree and
shrub care ranges as well as products related to water technology sold
particularly well.
Pleasant earnings development
From January to September 2016, the EINHELL Group generated operating
earnings of EUR 15.6 million (previous year: EUR 12.1 million). The pre-tax
margin amounts to 4.2% (previous year: 3.5%).
Purchase price allocation (PPA) effects took earnings down by EUR 1.4
million. Without PPA effects, operating earnings would have amounted to EUR
17.0 million and the pre-tax margin to 4.5%.
The earnings situation has thus improved by 29% compared to the prior-year
period.
Consolidated net profit after minority interest amounts to EUR 10.0 million
in the period under review (previous year: EUR 8.4 million). Earnings per
share amount to EUR 2.7 (previous year: EUR 2.2 per share).
Forecast for the financial year 2017
According to the current available budgets the EINHELL Group expect further
increase in turnover up to approximately EUR 500 million for the financial
year 2017.
Landau/Isar, November 22, 2016
Board of Directors
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22.11.2016 Dissemination of a Corporate News, transmitted by DGAP - a
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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, Tradegate Exchange
End of News DGAP News Service
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523213 22.11.2016
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