EANS-Adhoc: Einhell Germany AG /
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
Company Information/Business development
18.06.2009
"Ad hoc announcement according to § 15 WpHG"
Business development in 2009
Einhell Germany AG will announces at the general annual meeting on 19 June 2009 that the group turnover will presumably reach about Euro 180 to 185 million (previous year Euro 200.9 million) in the first 6 month of the financial year 2009.
Earnings before tax will probably reach a profit margin of around 5%.
In spite of a decrease in turnover based on the difficult worldwide economic conditions the Einhell group will again reach a good result in the first half- year and will prove the sustainable profitability of Einhell.
Moreover, Einhell Germany AG would like to point out that the follow-up financing for the bonded loan which will expire in July 2009 is completed.
Due to the very solid financing structure and the sustainable positive development of the result within the group Einhell managed to save a long-term financing at good conditions also for the next 5 years.
Landau/Isar, 18 June 2009
Board of Directors
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Silvia Vaitl
09951-942-290
Branche: Wholesale
ISIN: DE0005654933
WKN: 565493
Index: CDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade
Original content of: Einhell Germany AG, transmitted by news aktuell