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Hans Einhell AG

Pressrelease

Landau/Isar (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies/Pressrelease
Information
                             for the business press
                      from Hans Einhell AG, Landau / Isar,
. Positive turnover development for the Einhell Group
                     . Record results achieved
                     . Dividends raised
                     . New market presence
                     . Increased turnover through international expansion
                     . Einhell continues to be successful
Landau / Isar, 11 April 2008
Positive turnover development for the Einhell Group In comparison to 
last year's adjusted data the group turnover could, with E385.7m, be 
increased by 7.0%.  The group's turnover last year was E411.8m. Last 
year's turnover adjusted by weka products was E360.6m.  The weka 
Holzbau GmbH was sold on 29 December 2006.
In Germany the Einhell group had to fight a high pressure market. 
Thus the adjusted turnover dropped slightly from E149.6m (act. 
E189.9m) in 2006 to E142.3m.
There was significant growth in turnover in the European Union. Here 
the adjusted turnover of E126.2m (act. E134.7m) could be increased to
E161.6m. A large part of the considerable growth can be attributed to
the subsidiaries in Poland and Romania.
The turnover in the other countries amounted to E54.2m in the 
financial year 2007. Last year's adjusted turnover was E61.1m.
It should be noted that Bulgaria and Romania have been members of the
European Union since 1 January 2007.  Thus these countries were 
included with the other countries in the financial year 2006.
The turnover in Asia could be increased from E23.7m to E27.6m.
The international share of the group's turnover rose from 59% to 63%.
Record results achieved The Einhell group increased the results of 
its usual business activities to E24.6m (last year act.: E23.8m, 
adjusted: E21.9m).  With that the group's results rose to last year's
adjusted figures by 12.3%.
The group's surplus for the year before minority interests increased 
from E17.5m (adjusted: E15.9m) to E18.0m.
The result per share increased to E4.4 per share (last year E4.3 per 
share).
As per year end the equity ratio was 48.2%. Thus the liquidity of the
Einhell group continues to remain very good.
Dividends raised The dividends of the stock-exchange listed preferred
shares are, in comparison to last year,  to be increased by 12.5% to 
E0.90 per share.  The dividends for ordinary shares are to be brought
from E0.74 to E0.84 per share.  The amount for distribution rises  
from TEUR 2,894 to TEUR 3,271.  This is an increase of 13%.
With this recommendation the board would like shareholders to 
participate in the amount for distribution resulting from the success
of the financial year 2007.  The group management is looking forward 
positively to the future of the Einhell group.
New Market presence The company objective of differentiation from 
competitors' products played a special role in the financial year 
2007.  The entry onto the market of the EINHELL brand and the thereby
closely linked brand portfolio, product design and packaging were 
tested.  In order to increase the recognition effect the Einhell 
group developed two new product lines: BLUE and RED.  The two new 
product ranges differ in  price and design.  The "Blue" Line should 
characterise the entry level price and the "Red" Line the higher 
price segment.  Whereby, although the prices here remain below those 
of the current market leaders,  the products clearly distinguish 
themselves through design, exclusiveness and customer service.  In 
addition to the desired effect on customers, by means of this launch 
the efficiency in logistics and sales can also be increased.  The 
introduction onto the market of the two ranges is being done 
gradually.
Increase in turnover through international expansion The Einhell 
group's long-term strategy is directed towards increase in turnover 
with consistently good returns.  For this the group has, above all, 
to concentrate on new markets.
In the financial year 2007 new group companies could be set up in the
Czech Republic, Turkey, Greece and China.  At the beginning of 2008 
Einhell was also able to integrate Chile into the group.  With that  
Einhell now also has its own company in South America. Further 
Einhell companies are planned.
Einhell continues to be successful The Einhell group achieved its 
ambitious targets for 2007.  Because Einhell has already achieved a 
very high level of market penetration in its main markets, it is 
concentrating on new international markets.  Thanks to its success in
international business the group management feels confident in its 
long-term target of increased turnover with consistently good 
returns.
It is planned to reach a turnover of E400m - E420m in 2008.
In 2008, business up to now has been very satisfactory.
Landau / Isar, 11 April 2008
The Board of Directors
Contacts
Jan Teichert                           Helmut Angermeier
Vorstand                               Prokurist
Postfach 150                           Postfach 150
94402 Landau/Isar                      94402 Landau/Isar
Tel. : 09951/942-108                   Tel. : 09951/942-166
Fax:  09951/5817                       Fax:  09951/942-293
E-Mail:                                E-Mail: 
Jan.Teichert@einhell.com                Helmut.Angermeier@einhell.com
end of announcement                               euro adhoc

Further inquiry note:

Silvia Vaitl
Sekretariat Vorstand
Telefon: +49 (0)9951-942 290
Fax: +49 (0)9951-942 293
E-Mail: silvia.vaitl@einhell.com

Branche: Wholesale
ISIN: DE0005654909
WKN: 565490
Index: CDAX
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade

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    ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. new product/Products Landau/Isar (euro adhoc) - Because of a translation error, the press release dated 7th March 2008 was incorrect. Herewith we withdraw the press release from 7th March 2008, 11:31 a.m. We would like to ask you to announce following press release. Hans Einhell AG presents new product ...