Einhell Germany (EIN) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 increased by 9.4% year-over-year to EUR 630.2 million, with Power X-Change products accounting for 53% of total revenue.

• Earnings before taxes (EBT) rose 23.4% to EUR 61.8 million, and net income after minority interest reached EUR 43.7 million, up from EUR 35.5 million.

• Earnings per share increased to EUR 3.9 from EUR 3.1, reflecting a 25.8% rise year-over-year.

• The Group expanded with new subsidiaries in Greece and Colombia and continued its internationalization strategy.

Financial highlights

• Revenue: EUR 630.2 million (H1 2025) vs. EUR 576.2 million (H1 2024), +9.4%.

• EBT: EUR 61.8 million (H1 2025) vs. EUR 50.1 million (H1 2024), +23.4%.

• EBIT: EUR 64.3 million (H1 2025) vs. EUR 52.6 million (H1 2024), +22.2%.

• Net debt increased to EUR 41.8 million from EUR 16.6 million year-over-year.

• Equity ratio stable at 46.1%.

Outlook and guidance

• Full-year 2025 revenue expected at EUR 1,150–1,175 million with a pre-tax margin of 8.5–9.0%.

• Power X-Change platform targeted to exceed 70% of revenue by 2027, with over 350 products by end-2025.

• Continued focus on international expansion, brand partnerships, and battery production scale-up.