EANS-News: Einhell Germany AG / Press release

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Company Information

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 six months of the financial year 2009, the Einhell group
earned revenues of EUR 181.5 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 half-year
2009 was 59.6 %.

Group is furthermore very profitable

In the period January to June 2009, the Einhell Group earned profits
from operations amounting to EUR 9.8 million (previous year EUR 11.6
million). Thus pre- tax yield was 5.4 % (previous year 5.8 %). Group
net profit after minority interests in the first six months 2009
amounted to EUR 7.3 million (previous year EUR 7.8 million).

Earnings per share are calculated at EUR 1.9 per share (previous year
EUR 2.1 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.

Due to the solid financial structure and ongoing positive earnings,
it was possible to secure an excellent basis for the future growth of
the Group. This provides the foundation for further international
expansion.

Further international expansion

In order to establish a footing in lucrative South American
economies, we planned to set up our own company in Brazil in the
financial year 2009. This company has now been set up. Business
operations should start at the end of 2009.

In order to continue to improve sales, the Einhell Group also plans
partnerships with companies in India and other countries in South
America in the near future.

The group companies set up in 2008 have now been fully integrated
into the Group. Despite the financial crisis, Einhell will continue
its programme of internationalisation. The Board of Directors is
currently working hard on strategic planning for the coming years.

Outlook

Group management continues to expect that 2009 will be a very
difficult year. In particular, the decline in private consumption
could have significant effects on Group revenues.

Due to its excellent financial base and attractive new productlines,
the Group's management believes that Einhell will emerge strengthened
from the current financial crisis.

Landau a. d. Isar, 2 September 2009

The Board of Directors

Contact:

Jan Teichert Helmut Angermeier
Member of the Board of Directors Authorised representative
Post office box 1 50 Post office box 1 50
94402 Landau/Isar 94402 Landau/Isar
Phone: +49 9951 942 108 Phone: + 49 9951 942 166
Fax: + 49 9951 5817 Fax: + 49 9951 942 293
E-Mail : Jan.Teichert@einhell.com 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