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

·2-min read

Einhell Germany AG / Key word(s): 9 Month figures/Change in Forecast
Einhell Germany AG: Preliminary financial figures as at 30 September 2020 / adjustment to forecasts

05-Oct-2020 / 13:38 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.

"Ad hoc announcement according to Article 17 MAR"

 

Preliminary financial figures as at 30 September 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 September 2020, the Einhell Group generated revenues of about € 530 million (previous year: € 463.0 million) in the period January - September 2020.

After a very positive business development in the first nine months, which exceeded expectations, the Einhell Group increases its forecast to the end of the year once again.
For the financial year 2020, the Einhell Group will now expect revenues of € 670 million (so far € 620 - 630 million) and a pretax yield of about 6.5% (so far 5.5% - 6.0%). However, this assumes that no second wave of Covid19 infections and the resulting lockdowns will occur in the markets that are relevant for Einhell.

Landau/Isar, 5 October 2020

The Board of Directors

05-Oct-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:

+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

EQS News ID:

1138887


 

End of Announcement

DGAP News Service

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