29.04.2019 Einhell Germany AG  DE0005654933

DGAP-News: Einhell Germany AG: Einhell realizes market entry in USA


 

DGAP-News: Einhell Germany AG / Key word(s): Expansion/Alliance
Einhell Germany AG: Einhell realizes market entry in USA

29.04.2019 / 14:40
The issuer is solely responsible for the content of this announcement.


Information of the Einhell Group

 

Einhell realizes market entry in USA

 

Stock-noted Einhell Germany AG located in Landau/Isar is announcing its market entry in USA. As part of its defined expansion strategy Einhell has signed now different contracts to realize the expansion into USA.

Together with a strong local partner, Einhell will supply the North American market. The focus of its supplies will be fully on Einhell's Power X-Change range.

The American partner, the company SnowJoe, will initially run Einhell USA under its ownership. SnowJoe will use its deep market knowledge, its sales competence and its organization to position the brand Einhell in the market. Einhell has - beside other contractual agreements - options to buy shares of Einhell USA which will come into effect with pre-defined buying conditions in case that pre-defined sales targets are hit.

SnowJoe is a very successful American company, which sells a very attractive assortment of Do-it-yourself-products in the US market. One strength of SnowJoe is the e-commerce channel, which is also growing very strong in the US and the sales channel TV shopping which is very important in the US. SnoeJoe has shown in its more than 10 years history an impressive growth with great success and high profitability.

The North American market constitutes for Einhell a high potential to increase the sales volume significantly. The worldwide DIY market represents a volume of around 590 bn. Euro. Out of that around 330 bn. Euro account for the North American market. Per capita spending amounts here to 919 Euro. In comparison to that, the volume in the German DIY-market amounts to around 38 bn. Euro. Per capita spending amounts here to 465 Euro. UK has a market volume of around 27 bn. Euro, France of around 21 bn. Euro and Australia of around 15 bn. Euro.

Einhell and SnowJoe are convinced that under the common partnership they will serve customers in USA very successful with very attractive products with high quality products for an outstanding price-performance relation. Both partners are looking forward to the cooperation and have a very positive attitude on the common job.

Landau/Isar, 29 April 2019

The Board of Directors



29.04.2019 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.

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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
EQS News ID: 804617

 
End of News DGAP News Service

804617  29.04.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 443,75 487,21 553,35 577,90 605,69 724,68 847,00
EBITDA1,2 19,05 26,98 43,76 43,50 43,47 68,63 73,80
EBITDA-Marge3 4,29 5,54 7,91 7,53 7,18 9,47 8,71
EBIT1,4 13,89 20,51 38,51 38,66 35,04 59,01 62,00
EBIT-Marge5 3,13 4,21 6,96 6,69 5,79 8,14 7,32
Jahresüberschuss1 7,64 9,65 21,56 26,13 24,58 41,81 45,00
Netto-Marge6 1,72 1,98 3,90 4,52 4,06 5,77 5,31
Cashflow1,7 -6,95 41,92 -9,19 -13,76 56,01 36,31 68,00
Ergebnis je Aktie8 2,03 2,50 5,60 6,90 6,40 10,90 11,95
Dividende8 0,60 0,80 1,20 1,40 1,40 2,20 2,50
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Rödl & Partner

INVESTOR-INFORMATIONEN
©boersengefluester.de
Einhell Germany VZ
WKN Kurs in € Einschätzung Börsenwert in Mio. €
565493 168,000 Kaufen 634,10
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
13,33 13,39 1,00 35,80
KBV KCV KUV EV/EBITDA
2,34 17,46 0,88 9,50
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
1,40 2,20 1,31 18.06.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
18.05.2021 23.08.2021 16.11.2020 26.04.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
0,34% 22,00% 65,52% 92,66%
    
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