DGAP-Adhoc

Einhell Germany AG: Preliminary financial figures as at 30 November 2020 / adjustment to forecasts

DGAP-Ad-hoc: Einhell Germany AG / Key word(s): Change in Forecast/Monthly Figures Einhell Germany AG: Preliminary financial figures as at 30 November 2020 / adjustment to forecasts 02-Dec-2020 / 15:58 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

Preliminary financial figures as at 30 November 2020 / adjustment to forecasts

 

Einhell Germany AG (ISIN: DE 0005654933) which is listed under Prime Standard of Deutsche Börse AG announces the following:

After preliminary revenues are available as at 30 November 2020, the Einhell Group generated revenues of about € 665 million (previous year: € 566 million) from January to November 2020.

The Einhell Group increases its original forecast.

For the financial year 2020, the Einhell Group will now expect revenues of € 700 million (so far € 670 million / previous year: € 605 million) and a pretax yield of about 7.0% (so far 6.5% / previous year: 5.4%).

This is due to the surprisingly well autumn business in Europe as well as an excellent start to the garden year in the southern hemisphere. Sales in Australia and South America are significantly above budget so far.

Landau/Isar, 2^nd December 2020

The Board of Directors

---

02-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

---

Language:	English
Company:	Einhell Germany AG
	Wiesenweg 22
	94405 Landau/Isar
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
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
EQS News ID:	1152335

End of Announcement	DGAP News Service

1152335  02-Dec-2020 CET/CEST