- 18.06.2009, 15:07:26
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- OTE0005
EANS-Adhoc: Einhell Germany AG /
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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.
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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
Further inquiry note:
Silvia Vaitl
09951-942-290
end of announcement euro adhoc
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emitter: Einhell Germany AG
Wiesenweg 22
D-94405 Landau/Isar
phone: +49 (0)9951 942 166
FAX: +49 (0)9951 942 293
mail: [email protected]
WWW: http://www.einhell.com
sector: Wholesale
ISIN: DE0005654933, DE0005654909
indexes: CDAX
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English
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