Hans Einhell AG

euro adhoc: Hans Einhell AG
Financial Figures/Balance Sheet
Financial figures for the first quarter 2006

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@

24.05.2006

Ad hoc announcement according to § 15 WpHG"

Financial figures for the first quarter 2006

The Einhell group has developed positively in the first quarter of the  financial year 2006. Turnover and profit were significantly exceeded compared to the same period last year.

The group turnover rose from EUR86,7 million to EUR98,1 million (+13.1%)  by the end of March 2006 compared to the same period last year.  Turnover in the domestic market increased from EUR46,9 million to EUR53,1 million (+13.2%). Turnover in the EU increased by 9.3% to EUR28.2 million  (EUR25,8 million last year). Turnover in other countries increased by EUR10,7 million (EUR8,7 million last year) and turnover in Asia increased to EUR6,1 million (EUR5,3 million last year).

Compared to the same period last year, turnover at the "Tools" division grew significantly by 24.2% to EUR52,4 million (EUR42,2 million last year).  Turnover in the "Garden and Leisure" division increased by 2.7% to EUR45,7 million (EUR44,5 million last year).

The profit level is also very satisfactory. Group profit before tax rose by 27.3% to  EUR5,6 million (EUR4,4 million last year).The net profit increased to EUR4,0 million in the  first three months compared to EUR3,0 million in the last year.  Adjusted net profit (based on DVFA accounting standard rules) amounts to EUR3,7 million (EUR2,7 million last year) or EUR1.0 each share.

After the good performance in the first quarter, the performance in the second quarter has been also very satisfactory up to now. The group management is very optimistic that the planned turnover will reach  EUR400 million by the end of the year at a constant earnings before tax margin.

Landau/Isar, 24th May 2006

Board of Directors

@@start.t2@@end of announcement                                                 euro adhoc 24.05.2006 13:44:36
--------------------------------------------------------------------------------@@end@@

ots Originaltext: Hans Einhell AG
Im Internet recherchierbar: http://www.presseportal.de

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-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade
              Frankfurter Wertpapierbörse / regulated dealing/general
              standard



Weitere Meldungen: Hans Einhell AG

Das könnte Sie auch interessieren: