DGAP-Adhoc 544 0 Kommentare Einhell Germany AG: Preliminary financial figures for the first quarter 2017 an forecast to 31 Dec. 2017

DGAP-Ad-hoc: Einhell Germany AG / Key word(s): Quarter Results/Quarter Results

Einhell Germany AG: Preliminary financial figures for the first quarter 2017 an forecast to 31 Dec. 2017

04-May-2017 / 17:19 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

"Ad hoc announcement according to Article 17 MAR"

Preliminary financial figures for the first quarter 2017 and forecast to
31 Dec. 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 generated in the first quarter 2017 revenues of about EUR 137 million in comparison with the previous year of EUR 120.1 million. This is an increase of about 14%.

Earnings before tax will be around EUR 9.4 million (previous year EUR 5.3 million).

The pre-tax yield is 6.9% (previous year 4.4%). Without considering effects out of the Purchase Price Allocation (PPA) earnings before tax will be around EUR 9.9 million (previous year EUR 5.7 million).

Forecast:

From today's point of view, the Group will surpass the initial sales target of EUR 500 million of about 2 - 3% under the assumption of a further favorable business record.

The forecast for the pre-tax yield is raised to 4 - 4.5%.

The forecast for the pre-tax yield and before PPA is raised to 4.5 - 5.0%.

Landau/Isar, 04 May 2017

The Board of Directors

04-May-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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:	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