Einhell makes a strong start to the 2026 financial year: Power X-Change reaches new all-time high
The Einhell Group closed the first quarter of 2026 with revenue of EUR 310.9 million (previous year: EUR 302.8 million), representing nominal growth of 2.7 percent and currency-adjusted growth of 4.5 percent. The strongest regional growth was recorded in the Western Europe including D/A/CH segment, which grew by 11.2 percent to EUR 189.4 million.
Earnings before income taxes and before PPA effects (EBT) amounted to EUR 29.1 million (previous year: EUR 29.0 million), with a pre-tax margin of 9.4 percent. Net profit after minority interests remained stable at EUR 20.0 million, with earnings per share unchanged at EUR 1.80. The equity ratio improved from 50.4 percent at year-end 2025 to 55.0 percent.
Stable earnings performance – balance sheet significantly strengthened
"The first quarter shows that Einhell is growing profitably and with clear direction," says Michael Brunner, CFO of Einhell Germany AG. "With a stable margin and a significantly strengthened equity ratio, we have built a foundation that gives us confidence in achieving our full-year target – revenue of around EUR 1.2 billion at a pre-tax margin of approximately 9.0 percent."
Power X-Change and Western Europe as growth engines
The share of the Power X-Change battery platform in Group revenue rose from 51 to 55 percent. In the Western Europe including D/A/CH segment, revenue grew by EUR 19.1 million to EUR 189.4 million – the strongest performance of all Group regions. The segment is led by Einhell Germany AG with EUR 113.5 million; particularly strong gains were achieved in Portugal (+18.6 percent), Spain (+18.0 percent) and Italy (+17.3 percent). Segment earnings before taxes increased by EUR 3.8 million to EUR 19.5 million.
"Power X-Change already accounts for 66 percent of revenue in Germany and 85 percent in Austria – demonstrating just how deeply embedded Power X-Change is in our most important markets," says Andreas Kroiss, CEO of Einhell Germany AG. "Building on this, we will continue to drive Einhell's internationalisation forward with conviction."
International expansion and brand partnership
The international development of the Einhell brand remains the primary strategic objective. In the first half of 2026, the sales hub for the Middle East and North Africa will commence operations. Einhell has identified the US DIY market as the market with the greatest potential, making its development a priority within the company's expansion strategy. This direction is supported through the partnership with the Mercedes-AMG PETRONAS F1 Team, as well as through lifestyle campaigns, live events on social media platforms, and high-reach influencer marketing.
Outlook
For the 2026 financial year, the Einhell Group expects revenue of around EUR 1.2 billion at a pre-tax margin of approximately 9.0 percent. This is underpinned by the continued strengthening of the company's global market presence and the ongoing development of distribution across all relevant sales channels.
Über die Einhell Germany AG
Einhell ist die Lifestyle Akku-Power Plattform in der DIY- und Profi-Welt. Einhell steht für maximale Akku-Kompetenz rund um Haushalt, Garten und Freizeit. Mit einem Akku für mehr als 350 Geräte sorgt Power X-Change dabei für kabellose Freiheit und volle Flexibilität. Als international erfolgreiches Unternehmen mit Sitz in Landau/Isar (Bayern) setzt Einhell Maßstäbe in puncto Leistungsstärke, Ausdauer, Qualität und Sicherheit für alle Projekte in Haushalt, Garten und Freizeit. Das stetig wachsende Ökosystem sowie leistungsstarke Produkte und visionäre Ideen machen Einhell zum Vorreiter im Bereich der Akku-Technologie für alle DIY-Enthusiasten und Profis.