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Einhell Germany AG

euro adhoc: Einhell Germany AG
Earnings Forecast
Earnings Forecast 2008

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Company Information/Earnings Forecast 2008
28.10.2008
" Ad hoc announcement according to § 15 WpHG"
Earnings Forecast 2008
Einhell Germany AG announces the following:
The Einhell Group is expecting a turnover of Euro 370 - 380 million 
as per year end. The profitability before tax will be at around 5 %. 
The forecasted figures are slightly below previous year's level. The 
order volume for year end did not reach the today's expectations. 
Tendencies of recession especially in Western Europe show already a 
clear retention in end consumer's behaviour to buy goods. With regard
to this at the moment a general reserved ordering activity can be 
seen at Einhell's customers. Due to the present market situation a 
soon ease of this situation can not be expected. Einhell's new 
launched red and blue product lines are accepted quite well by the 
market. But sales to end consumers are difficult to be forecasted. 
Also for the year 2009 reliable forecasts can not be made. To meet 
this general situation Einhell is already planning cost reductions 
for 2009. Einhell Group has a very healthy and solid financing 
structure and a traditionally very good equity ratio of around 50%. 
That's why the Board sees no difficulties to handle the financing of 
the current business as well as a business volume which might be 
growing again in the future. Because of this reason the board keeps 
without any changes to the so far very successful and long-term-based
international expansion strategy.
Landau a. d. Isar, October 28th 2008
Einhell Germany AG
The Board of Directors
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

Plus de actualités: Einhell Germany AG
Plus de actualités: Einhell Germany AG
  • 29.08.2008 – 10:20

    euro adhoc: Einhell Germany AG / Earnings Forecast / Earnings outlook 2008

    Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. 6-month report 29.08.2008 "Ad hoc announcement in accordance with §15 WpHG" Earnings outlook 2008 The Einhell Germany AG announces the following: The first half of the financial year 2008 for the Einhell Group was marked by the difficult ...