Einhell Germany AG Poised for Strong Growth in 2025

Einhell Germany AG is expected to deliver another year of robust growth in 2025, driven by solid sales increases and expanding margins. The company forecasts sales to reach €1,145 million, bolstered by strong demand for its Power X-Change products and increasing market shares. In Germany, Einhell holds a leading position with a 39% market share in cordless garden tools and a 19% share in cordless tools.

Einhell Australia is also experiencing significant growth, reporting €148 million in sales for the first nine months of 2024, comprising about 18% of total sales. Analysts anticipate an increase in the EBT margin to 8.6%, thanks to a higher share of Power X-Change products, reduced freight costs, and operational efficiency.

The trend toward cordless battery-powered tools benefits Einhell, thanks to their convenience, improved technology, and reasonable pricing. Consequently, NuWays AG maintains a BUY recommendation with a target price of €86.