Fielmann: Press releases
Interim report as at 30 September 2014
Fielmann increases unit sales, revenue and profit
Result registers significant growth in the 3rd quarter of 2014
Fielmann trains more than 2,900 opticians
Our expectations for the first nine months of 2014 have been met. With its consumer-friendly services, glasses at a reasonable price and comprehensive guarantees, Fielmann expanded its market shares.
In the first three quarters of the year, Fielmann improved its unit sales by 4.3 per cent to 5.6 million pairs of glasses (previous year: 5.4 million). External sales including VAT increased by 6.4 per cent to 1,087.5 million (previous year: 1,021.9 million) and consolidated sales rose by 6.6 per cent to 931.3 million (previous year: 873.9 million). Pre-tax profit grew by 16.4 per cent to 178.1 million (previous year: 153.0 million) and profit after tax was up 15.8 per cent to 126.3 million (previous year: 109.1 million).
In the third quarter, Fielmann improved unit sales by 1.9 per cent to 1.92 million pairs of glasses (previous year: 1.88 million pairs of glasses). External sales including VAT grew by 5.4 per cent to 369.7 million (previous year: 350.8 million), while consolidated sales rose by 5.4 per cent to 318.3 million (previous year: 302.0 million). The quarterly pre-tax profit increased by 16.8 per cent to 70.9 million (previous year: 60.7 million) and profit after tax was up 17.3 per cent to 50.8 million (previous year: 43.3 million).
At the end of the third quarter, Fielmann had 16,739 employees (previous year: 16,176), of whom 2,990 are trainees (previous year: 2,914). With a 5 per cent share of specialist optical stores, Fielmann accounts for 38 per cent of all trainees in the optical industry. Our trainees are the experts of tomorrow. National awards testify to the high standard of our training. In the optical industrys trainee competition, Fielmann accounted for all national winners in Germany and 92 per cent of all state winners in 2014.
Fielmann is confident that it will be able to expand its market position. For 2014, we are anticipating a continuation of the positive business performance.
Hamburg, November 2014
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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