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„Ad hoc announcement according to Article 17 MAR“
Financial figures for the year 2016 are confirmed
Einhell Germany AG (ISIN: DE 0005654933) which is listed under Prime Standard of Deutsche Börse AG announces the following:
The annual financial accounts of the Einhell-Group for the year 2016 have been confirmed by the supervisory board.
In the business year 2016, the Einhell-Group generated revenue of € 487.2 million in comparison with the previous year of € 443.8 million.
Earnings before tax amount to € 17.0 million (previous year € 11.8 million) with a pre-tax yield of 3.5% (previous year 2.7%). Without considering effects out of the Purchase Price Allocation earnings before tax amount to € 18.8 million with a pre-tax yield of 3.9%.
An EBIT-Yield of 4.2% (previous year 3.1%) in relation to the turnover has been obtained in the business year 2016. The EBIT increased in comparison with the previous year and amount to € 20.5 million (previous year € 13.9 million).
The net income after minority’s interest amount to € 9.3 million (previous year € 7.4 million).
The profit per share after minority’s is calculated to € 2.5 (previous year € 1.9).
The board of directors and the supervisory board will propose at the general meeting on 23 June 2017, a dividend of € 0.80 per preferred share and € 0.74 per common share.
The Einhell-Group continues to show up a very solid balance sheet structure with an equity-ratio of 50.8%.
Landau/Isar, 13 April 2017
The Board of Directors