EQS-Adhoc: Einhell Germany AG: Preliminary business figures for 2024 / Significant increase in dividend

 

Preliminary business figures for 2024

Significant increase in dividend

 

Einhell Germany AG (ISIN: DE 000A40ESU3)), listed in the Prime Standard of Deutsche Börse AG, announces the following:

The Einhell Group once again achieved record sales in the past financial year after presenting its preliminary business figures. Group revenue for 2024 amounts to EUR 1,108.5 million compared to EUR 971.5 million in the previous year.

The Einhell Group achieved earnings before taxes of EUR 98.5 million in 2024 (previous year: EUR 75.4 million). The pre-tax return was 8.9% (previous year: 7.8%).

Before PPA and tax, the result will amount to EUR 100.1 million.

The Einhell Group continues to have a very solid balance sheet structure with an equity ratio of around 45%.

Sales of EUR 1,150 million - EUR 1,175 million and a pre-tax return of 8.5% - 9.0% are expected for 2025.

Due to the very good business performance, the Supervisory Board and the Management Board have decided to propose a significantly higher dividend to the Annual General Meeting.

According to this proposal, an increased dividend of EUR 1.50 per preference share (previous year: EUR 0.97) and EUR 1.48 per ordinary share (previous year: EUR 0.95) will be proposed to the Annual General Meeting.

 

Landau/Isar, February 26, 2025

The Management board