Einhell Germany (EIN) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months of 2025 rose to EUR 897.7 million, up 7.0% year-over-year, with strong demand for Power X-Change products driving growth.

• Earnings before taxes (EBT) increased by 17.2% to EUR 85.2 million, with a pre-tax margin of 9.5%.

• Net income after minority interest reached EUR 59.6 million, up from EUR 50.4 million in the prior year.

• The Power X-Change platform accounted for approximately 52% of revenue, with plans to expand its share further.

Financial highlights

• Revenue: EUR 897.7 million (Q1–Q3 2025), up from EUR 839.3 million (Q1–Q3 2024).

• EBT: EUR 85.2 million, up from EUR 72.7 million; EBIT: EUR 88.4 million, up from EUR 76.4 million.

• Earnings per share: EUR 5.3, up 17.8% year-over-year.

• Net debt increased to EUR 21.7 million from EUR -0.2 million.

• Equity ratio improved to 48.3% from 46.3%.

Outlook and guidance

• Full-year revenue expected between EUR 1,150–1,175 million (prior year: EUR 1,109.7 million).

• EBT margin forecasted at 8.5–9.0% (prior year: 8.9%).

• Board expects results at the top end of the guidance range despite challenging economic conditions.