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Einhell Germany Q3 profit climbs YOY

Einhell Germany AG said its third-quarter normalized net income was 53 euro cents per share, a gain from 25 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €2.0 million, a gain from €832,380 in the prior-year period.

The normalized profit margin increased to 1.7% from 0.7% in the year-earlier period.

Total revenue climbed 6.0% year over year to €119.1 million from €112.4 million, and total operating expenses climbed year over year to €115.2 million from €110.4 million.

Reported net income increased from the prior-year period to €2.3 million, or 60 cents per share, from €608,000, or 18 cents per share.