Einhell Germany AG
Einhell Germany AG: Preliminary financial figures 2017
Einhell Germany AG / Key word(s): Final Results/Dividend “Ad hoc announcement according to § 15 WpHG”
Preliminary financial figures 2017
Einhell Germany AG (ISIN: DE 0005654933) which is listed under Prime Standard of Deutsche Börse AG announces the following preliminary figures: The Einhell Group achieved once again a record turnover in the past financial year. For the financial year 2017, the Einhell Group generated revenues of EUR 553.4 million in comparison with the previous year of EUR 487.2 million. This is equivalent to an increase of 13.6%. Earnings before tax amount to EUR 35.7 million (previous year EUR 17.0 million) with a pretax yield of 6.5% (previous year 3.5%). Without considering effects out of the Purchase Price Allocation (PPA) earnings before tax amount to EUR 37.5 million (previous year EUR 18.8 million). The net income after minority’s interest amounts to EUR 21.2 million (previous year EUR 9.3 million). The profit per share after minorities interest is calculated to EUR 5.6 (previous year EUR 2.5). The board of directors and the supervisory board will propose at the general meeting on 22 June 2018, a dividend of EUR 1.20 per preferred share and EUR 1.14 per common share. The Einhell Group continues to show up a very solid balance sheet structure with an equity-ratio of around 51%. Forecast: For the business year 2018, the Einhell-Group assumes an increase in turnover to around EUR 600 million and profitability before taxes of around 6.5% to 7.0%. Landau/Isar, 22 March 2018 The Board of Directors
22-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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: | helmut.angermeier@einhell.com |
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 Announcement | DGAP News Service |