Einhell Germany AG Reports Strong 2024 Business Figures and Increased Dividend

Einhell Germany AG has announced its preliminary business figures for 2024, showcasing remarkable growth. The company's group revenue reached EUR 1,108.5 million, up from EUR 971.5 million in the previous year.

Earnings before taxes also saw a notable increase to EUR 98.5 million, compared to EUR 75.4 million last year. The pre-tax return climbed to 8.9%, improving from 7.8%. A healthy balance sheet remains, marked by an equity ratio of approximately 45%.

Looking ahead, Einhell projects sales between EUR 1,150 million and EUR 1,175 million for 2025, with a pre-tax return of 8.5% to 9.0%.

In light of these results, the company plans to propose an increased dividend at its Annual General Meeting, suggesting EUR 1.50 per preference share and EUR 1.48 per ordinary share.