euro adhoc: Hans Einhell AG
Financial Figures/Balance Sheet
Financial
figures at mid-year 2007
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
29.08.2007
"Ad hoc announcement according to § 15 WpHG"
Financial figures at mid-year 2007
The Einhell group continues its successful development at mid-year 2007. Because of the sale of weka Holzbau GmbH as at 29th December 2006 the total turnover decreased compared to last year. Adjusted by the effect of the sale in the operating business the Einhell group exceeded once again the turnover and the result compared to the same period of last year.
Despite the difficult market situation, the Einhell group was able to increase its turnover to Euro 206,0 million at mid-year 2007. A turnover of Euro 221,0 million was reached at mid-year 2006. Adjusted by the effect of sale of weka Holzbau GmbH in December 2006 the turnover amounted to Euro 195,8 million at mid-year 2006. Therefore, the Einhell group could reach a turnover increase of 5.2% compared to the adjusted turnover.
The Einhell group reached a net profit from ordinary activities of Euro 12,8 million (Euro 12,8 million last year) at mid-year 2007. Adjusted by the effect of sale of weka Holzbau GmbH the net profit from ordinary activities amounted to Euro 12,0 million last year. Therefore, the group result increased by 6,7% compared to the adjusted result of last year.
The group net profit after minorities increased by 14,3% to Euro 8,8 million (Euro 8,2 million last year, adjusted Euro 7,7 million last year) compared to the adjusted figures. The result per share amounts to Euro 2,3 per share (Euro 2,2 per share last year, adjusted Euro 2,0 per share).
The first mid-year of the financial year 2007 proceeded for the Einhell group according to the planning. For this reason the board of directors of Einhell AG is confident to reach the planned target of Euro 380 million to Euro 400 million in turnover at with an earnings margin of around 5,5% - 6% by the end of the year.
Landau/Isar, 29th August 2007
Board of Directors
end of announcement euro adhoc 29.08.2007 15:25:07
Further inquiry note:
Helmut Angermeier
Prokurist
Telefon: +49 (0)9951-942 166
Fax: +49 (0)9951-942 293
E-Mail: angermeierh@einhell.de
Branche: Wholesale
ISIN: DE0005654933
WKN: 565493
Index: CDAX
Börsen: Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade
Börse Frankfurt / regulated dealing/general standard