EANS-News: Einhell Germany AG / Press release

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Company Information/Press release

Landau/Isar (euro adhoc) - Information for business press
from
Einhell Germany AG,
Landau an der Isar

• Einhell group revenues slightly below previous year
• Group is furthermore very profitable
• Successful refinancing of the bonded loan
• Further international expansion
• Outlook

Einhell group revenues slightly below previous year

In the first nine months of the financial year 2009, the Einhell
group earned revenues of EUR 262.7 million. Due to the continuing
unfavourable global conditions, this is a very positive result.

Revenues of the previous year in the domestic German market, European
Union and in other countries were unable to match, due mainly to the
effects of the financial crisis in Eastern Europe. In comparison with
the previous year, revenues in Asia increased. The share of total
Group revenues provided by foreign countries in the first nine months
2009 was 60.1 %.

Group is furthermore very profitable

In the period January to September 2009, the Einhell Group earned
profits from operations amounting to EUR 13.5 million (previous year
EUR 16.1 million). Thus pre- tax yield was 5.2 % (previous year 5.6
%). Group net profit after minority interests in the first nine
months 2009 amounted to EUR 11.0 million (previous year EUR 10.8
million).

Earnings per share are calculated at EUR 2.9 per share (previous year
EUR 2.9 per share).

Successful follow-up financing of the bonded loan

Over the past half-year, the Einhell Group has been able to fulfil an
important strategic corporate goal: it has secured refinancing of the
bonded loan that expires in July 2009.

Favourable terms for long-term financing for EUR 40 million has been
secured for the next five years.

This provides the foundation for further international expansion.

Further international expansion

We are already preparing future growth strategies for Einhell. We
already have a sales subsidiary in Chile, which is showing positive
operational growth and we are working on a market entry in Brazil. We
think that there is a strong middle class with continually increasing
buying power in both countries.

We are also developing business in other South American countries. In
around five years, South America will be one of Einhell`s growth
areas at a time when we expect growth rates in Eastern Europe might
be less strong. This means that we are already taking up a position
in a strategically interesting developing market. With our products,
we will play a part in the development potential of these countries.

Outlook

Even the Einhell Group is unable to avoid the effects of economic
circumstances. In particular, the weakening of private consumption in
various countries is having a significant effect on Group revenues.
We are not currently able to say when the effects of the financial
crisis will pass.

However, the Einhell Group is countering difficult market conditions,
particularly weak consumer demand, with a new range of highly
attractive products. The introduction of new product lines allows us
to increasingly meet the needs of different groups of consumers. With
improved quality and design, the new products provide the basis for
further growth and stability of the Group.

Landau a. d. Isar, 26 November 2009

The Board of Directors

Contact:

Helmut Angermeier
Authorised representative
Post office box 1 50
94402 Landau/Isar
Phone: + 49 9951 942 166
Fax: + 49 9951 942 293
E-Mail: Helmut.Angermeier@einhell.com

end of announcement euro adhoc
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ots Originaltext: Einhell Germany AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Silvia Vaitl

Sekretariat Vorstand

Tel.: +49 (0)9951-942-290

E-Mail: silvia.vaitl@einhell.com

Branche: Wholesale
ISIN: DE0005654933
WKN: 565493
Index: CDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade