Fielmann: Press releases

First six months: unit sales and sales revenue + 3 %
Full year: 25 new branches
Full year: 750 new trainees

The first months confirmed our expectations. In the second quarter, Fielmann sold 1.6 million pairs of glasses (previous year: 1.5 million pairs), generated external sales of € 280.4 million (previous year: € 273.4 million) and consolidated sales of € 238.2 million (previous year: € 232.9 million). The pre-tax profit rose from € 33.0 million in the first quarter to € 39.2 million in the second quarter (previous year: € 41.5 million), while the profit for the quarter increased from € 23.2 million to € 27.7 million (previous year: € 29.2 million).

In the first six months, Fielmann sold 3.1 million pairs of glasses (previous year: 3.0 million pairs). External sales including VAT rose by 3 per cent to € 548.3 million (previous year: € 532.3 million), while consolidated sales rose by 3 per cent to € 464.5 million (previous year: € 451.2 million). In the first half of 2009, pre-tax profit amounted to € 72.2 million (previous year: € 80.2 million), and profit after tax to € 50.8 million (previous year € 56.5 million).

As at 30 June 2009, we maintained 631 branches. Fielmann is pressing ahead with its expansion and will open 25 new branches this year. In the third quarter Fielmann built two further super centres in Linz and Graz.

At the end of the second quarter, Fielmann employed 12,585 staff, of whom 2,128 are trainees. With a 5 per cent market share of German opticians, 31 per cent of all the trainees in the industry are trained by Fielmann. This year, more than 750 young people will begin their training at Fielmann.

We are confident that we will be able to expand our market position. It is particularly during difficult economic times that consumers buy from companies which guarantee high quality at reasonable prices: and in optics, this means Fielmann.

Hamburg, August 2009

Fielmann Aktiengesellschaft
The Management Board

For more information, contact:
Dr. Matthias Branahl, Head of Press and Public Relations, tel.:+49 (0)40 270 76 - 457
Ulrich Brockmann, Head of Investor Relations, tel.: +49 (0)40 270 76 - 442

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