Power X-Change as growth driver: platform's share of total revenue increased again

Power X-Change as growth driver: platform's share of total revenue increased again

Landau/Isar, 21 April 2026 – Einhell Germany AG announces the following results for the 2025 financial year. Group revenue grew by 4.3 percent year-on-year to EUR 1,157.7 million. Earnings before taxes and before PPA effects amounted to EUR 110.6 million, corresponding to a pre-tax and pre-PPA margin of 9.6 percent. With these results, Einhell has significantly exceeded its own guidance for 2025.

The audited consolidated financial statements and the Annual Report for the 2025 financial year will be published on 29 April 2026. All figures are subject to the completion of the final audit and approval by the Supervisory Board.

Revenue growth despite significant currency headwinds

The positive revenue development was driven primarily by the continued strong demand for products in the Power X-Change platform, whose share of total Group revenue rose to 54 percent. Without the substantial currency depreciations in key markets – particularly in Australia, Turkey, Canada and Argentina – revenue growth would have been even more pronounced.

Earnings exceed guidance

Earnings before taxes after PPA effects amounted to EUR 107.9 million (previous year: EUR 98.5 million), an increase of 9.5 percent. The PPA effects relate to non-cash amortisation from purchase price allocation in connection with the acquisitions of the Canadian subsidiary Outillages King Canada Inc. and the Thai company Surazinsano Co., Ltd.

Equity ratio

The equity ratio improved to 50.4 percent as of 31 December 2025 (previous year: 45.6 percent). Shareholders' equity stands at EUR 474.4 million (previous year: EUR 444.3 million).

Earnings per share and dividend

Earnings per preference share amounted to EUR 6.76 (previous year: EUR 5.76) and earnings per ordinary share to EUR 6.74 (previous year: EUR 5.74) – an increase of 17.4 percent in each case. In light of the strong business performance, the Supervisory Board and the Board of Directors have resolved to propose a further dividend increase to the Annual General Meeting. Under this proposal, the dividend will be EUR 1.90 per preference share (previous year: EUR 1.50) and EUR 1.88 per ordinary share (previous year: EUR 1.48).

Revenue in the first quarter of 2026

Despite the strained geopolitical environment and persistently weak consumer sentiment, the Einhell Group continues to record positive development in 2026. Based on preliminary figures, Group revenue in the first three months of the 2026 financial year amounted to EUR 310.9 million, representing an increase of 2.7 percent year-on-year (EUR 302.8 million). The quarterly financial report will be published on 13 May 2026.

About Einhell Germany AG

Einhell is the lifestyle battery power platform in the DIY and professional world. Einhell stands for maximum cordless excellence in the home, workshop, garden and leisure sectors. With one battery for more than 350 tools, Power X-Change ensures cordless freedom and complete flexibility. As an internationally successful company based in Landau/Isar (Bavaria), Einhell sets standards in terms of performance, endurance, quality and safety for all projects in the home, workshop, garden and leisure. The constantly growing ecosystem, powerful products and visionary ideas make Einhell a pioneer in the field of battery technology for all DIY enthusiasts and professionals.