Einhell Germany AG

euro adhoc: Hans Einhell AG
Financial Figures/Balance Sheet
Financial figures at mid-year 2007

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29.08.2007

"Ad hoc announcement according to § 15 WpHG"

Financial figures at mid-year 2007

The Einhell  group  continues  its  successful  development  at   mid-year  2007. Because of the sale of weka Holzbau GmbH as at  29th December  2006  the  total turnover decreased compared to last year. Adjusted by the effect of the sale  in the operating business the Einhell group exceeded once again the  turnover  and  the result compared to the same period of last year.

Despite the difficult market situation, the Einhell group was able   to  increase its turnover to Euro 206,0 million at mid-year 2007. A turnover  of  Euro  221,0 million was reached at mid-year 2006. Adjusted by the effect  of  sale  of  weka Holzbau GmbH in December 2006 the turnover amounted to  Euro  195,8  million  at mid-year 2006. Therefore, the Einhell group could reach a turnover  increase   of 5.2% compared to the adjusted turnover.

The Einhell group reached a net profit from ordinary  activities  of Euro  12,8 million (Euro 12,8 million last year) at mid-year 2007. Adjusted by the effect of sale of weka Holzbau  GmbH  the  net profit from ordinary  activities  amounted  to  Euro  12,0  million  last   year. Therefore, the group result increased by 6,7% compared to  the adjusted  result of last year.

The group net profit after minorities increased by 14,3%  to  Euro   8,8  million (Euro 8,2 million last year, adjusted Euro 7,7 million last  year)  compared  to the adjusted figures. The result per share amounts to Euro 2,3 per share  (Euro  2,2  per  share  last year, adjusted Euro 2,0 per share).

The first mid-year of the financial year 2007 proceeded for  the   Einhell  group according to the planning. For this reason the board of directors of Einhell  AG is confident to reach the planned  target of  Euro  380  million  to  Euro  400 million in turnover at with an earnings margin of around 5,5% - 6%  by  the  end of the year.

Landau/Isar, 29th August 2007

Board of Directors

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ots Originaltext: Hans Einhell AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Helmut Angermeier  
Prokurist
Telefon: +49 (0)9951-942 166
Fax:        +49 (0)9951-942 293
E-Mail: angermeierh@einhell.de

Branche: Wholesale
ISIN:      DE0005654933
WKN:        565493
Index:    CDAX
Börsen:  Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse München / free trade
              Börse Frankfurt / regulated dealing/general standard

Original-Content von: Einhell Germany AG, übermittelt durch news aktuell

Weitere Meldungen: Einhell Germany AG

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