19.06.2020 Einhell Germany AG  DE0005654933

DGAP-News: Einhell Germany AG: Annual general meeting of Einhell Germany AG


 

DGAP-News: Einhell Germany AG / Key word(s): AGM/EGM
Einhell Germany AG: Annual general meeting of Einhell Germany AG

19.06.2020 / 12:07
The issuer is solely responsible for the content of this announcement.


Information of the Einhell Group

 

Annual general meeting of Einhell Germany AG

On Friday, June 19, 2020 the ordinary general meeting took place at the business premises of Einhell Germany AG, Landau an der Isar, which took place as a virtual general meeting without the physical presence of the shareholders or their representatives.

CEO Andreas Kroiss reported in his speech about the following issues:

The Einhell Group achieved once again a record turnover in the past financial year. For the financial year 2019, the Einhell Group generated revenues of € 605.7 million in comparison with the previous year of € 577.9 million. The Einhell Group achieved earnings before tax of € 32.5 million (previous year € 36.0 million) with a pretax yield of 5.4% (previous year 6.2%). These earnings represent the third best result in the company's 55-years history.

For the period January to May 2020, the group-revenues amount to € 273.1 million (previous year € 273.3 million). In May, very positive revenues were recorded in almost all sales channels due to high demand. This means that the Einhell Group was able to compensate in May the sales declines caused by the corona pandemic in March and April. The sales achieved with products from the Power X-Change platform were also very satisfying.

The Einhell Group will pay a dividend to its shareholders unchanged to the previous year of € 1.40 per preferred share and € 1.34 per common share.

E-commerce is the fastest growing sales channel in the DIY industry. Since this area also has a high priority at Einhell and differs significantly from the conventional sales channels, Einhell relies on specialists. For this reason, the online trade area is separated from the stationary sales and supervised by e-commerce experts. E-commerce managers are already in use in some group companies. This approach should be rolled out to all Group companies in the short to medium term.

In order to push ahead with the internationalization of the Company, we aim to tap into the markets in Thailand and South Africa. We intend to enter the market in Thailand with the help of a partner or suitable takeover candidate. In addition, the market in South Africa should be also initially served with a partner; a subsequent takeover of the partner should follow.

Due to the very positive business development in recent weeks, the Board of Directors does not rule out that the forecast for the year 2020 issued at the beginning of the year with revenue of € 610 million and a pretax yield of 5.5% could now be achieved. However, this assumes that no second wave of Covid19 infections and the resulting limitations will occur in the markets that are relevant for Einhell.

Landau/Isar, 19 June 2020

The Board of Directors



19.06.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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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: 1074285

 
End of News DGAP News Service

1074285  19.06.2020 

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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
0,33% 20,34% 65,52% 107,41%
    
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