euro adhoc: Hans Einhell AG
Annual & Special Corporate Meetings
Business
Development in 2006
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
22.06.2006
Ad hoc announcement according to § 15 WpHG"
Business development in 2006 Long-term strategy
Einhell AG announces at the annual general meeting that the group turnover increased by 10.2% from EUR169.6 million to EUR186.9 million in the first five months of the financial year 2006. Earnings before tax increased from EUR9.2 million to EUR10.8 million by the end of May 2006. This is an increase of 17.4%. In addition the board of directors announces that the planned group turnover of EUR400 million should be exceeded in 2006. The board of directors sees the planning with an turnover of EUR500 million by the year 2008 confirmed.
Einhell intends to generate a turnover of EUR 700 to EUR750 million by the year 2012 and in long-term Einhell intends to reach a turnover in a dimension of EUR1 billion by the years 2015 to 2017. Earnings before tax are planned with 5%.
Landau/Isar, 22. June 2006
Board of Directors
end of announcement euro adhoc 22.06.2006 09:40:00
Further inquiry note:
Helmut Angermeier
Prokurist
Telefon: +49 (0)9951-942 166
Fax: +49 (0)9951-942 293
E-Mail: angermeierh@einhell.de
Branche: Wholesale
ISIN: DE0005654933
WKN: 565493
Index: CDAX
Börsen: Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade
Frankfurter Wertpapierbörse / regulated dealing/general
standard
Original-Content von: Einhell Germany AG, übermittelt durch news aktuell