Einhell FY Revenue Higher Than Expected; Sees 5-10% Growth in 2022

• (PLX AI) - Einhell FY revenue EUR 920 million vs. estimate EUR 890 million.
• • Einhell sees 2022 revenue growth of 5% to 10%
• • Says raw material situation and the production and freight capacities are still tense, which could lead to delays in delivery at our suppliers
• • Nevertheless, the Einhell Group is very confident and optimistic to face the economic challenges
• • Einhell Group ordered the product quantities necessary for the realization of the planning much earlier and increased stocks in all sales regions significantly