Einhell Germany (EIN) Q3 2026 earnings summary

Executive summary

• Q1–Q3 2026 revenue rose 1.5% YoY to €910.9m; EBT was €84.6m versus €85.2m, while EBIT reached €88.7m.

• Higher Power X-Change and Professional mix supported growth; free cash flow turned positive at €74.0m, and full-year guidance was maintained.

Financial highlights

• Revenue was €910.9m versus €897.7m; Q3 standalone sales increased 2.7% YoY.

• EBT was €84.6m versus €85.2m; net profit attributable to shareholders was €58.7m versus €59.6m, and EPS was €5.18 versus €5.27.

• Personnel expenses rose to €121.4m from €114.2m; other operating expenses increased to €184.3m from €166.2m.

Outlook and guidance

• FY 2026 revenue guidance remains €1,200m, with an EBT margin forecast of 8.5%–9.0%, versus 9.3% in 2025.

• Subdued consumer spending could weigh on earnings; management expressed greater caution about achieving the earnings forecast.

• October sales reached a record €122m; the strong month was supported by the Australian Professional rollout and organic growth in Western Europe.

• Mid-term sales ambition is €2bn; Power X-Change targets 500+ compatible products by 2029 and more than 70% of sales by 2030.