DGAP-News: Einhell Germany AG / Key word(s): Half Year Results/Half Year Results Einhell Germany AG: Sales and earnings reached a new record high in the fist half-year of 2018 23.08.2018 / 09:38 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Information of the Einhell Group Sales and earnings reached a new record high in the first half-year of 2018 Record turnover Innovative products for do-it-yourself have significantly increased sales in the worldwide operating Einhell Group. Especially the cordless battery-driven devices of the Power X-Change range accepted very well from our customers. In the first half-year of the year 2018 Einhell generated revenues of EUR 309.6 million (previous year EUR 280.5 million). Even though currency effects had a negative impact on revenue of EUR 12.8 million, revenues increased around 10.4% compared to the previous year. Significant increase in earnings The Einhell Group generated profit before taxes of EUR 23.7 million (previous year: EUR 19.2 million) from January to June 2018. The pre-tax margin amounts to 7.7% (previous year: 6.8%). Purchase price allocation (PPA) effects squeezed earnings by EUR 0.8 million. Adjusted for PPA effects, profit before taxes amounts to EUR 24.5 million and the pre-tax margin is 7.9% The earnings situation thus improved further compared to the previous year. The net income after minority's interest amount to EUR 17.0 million (previous year: EUR 12.4 million) in the period under review. The profit per share amount to EUR 4.5 (previous year EUR 3.3). Landau/Isar, 23 August 2018 The Board of Directors --------------------------------------------------------------------------- 23.08.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. 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: [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 --------------------------------------------------------------------------- 716697 23.08.2018