Fielmann: Press releases

Preliminary figures for financial year 2006

Operating income for the year: up 23 percent
Dividend: + 26 percent to EUR 1.20 per share
Employees: 690 additional jobs created

Fielmann improved its pre-tax profit by 21 percent to a provisional figure of EUR 105 million, with the operating income for the year up 23 percent to around EUR 71 million. The number of unit sales of glasses rose to 5.8 million (previous year: 5.7 million). External sales including VAT increased to EUR 913 million (previous year: EUR 843 million), with consolidated sales rising to EUR 793 million (previous year: EUR 733 million).

In the light of this pleasing business development, the Supervisory and Management Boards proposed a resolution at the Annual Shareholders’ Meeting on 12th July 2007 to pay a dividend of EUR 1.20 per share (+26 percent).

Fielmann is continuing to pursue its policy of rapid expansion and today has 571 branches (previous year: 538), 500 of which are in Germany. In Switzerland, Fielmann is the market leader with 27 branches (previous year 25). In Austria, Fielmann opened four new branches in 2006 and thus runs 24 shops, increased the number of units sold and the sales volume by 20 percent and the result by 50 percent.

Fielmann is the largest employer and offers more training places than anyone else in the optical industry. At the year-end, the company employed 11,160 members of staff (of whom 1,715 were trainees) and in the year under review, 690 new jobs were created.

With five percent of all specialist opticians’ stores, Fielmann is training 27 percent of Germany’s next generation opticians, signifying that one in four trainees in the sector is being trained by the market leader.

More than 2 million spectacle wearers have opted for the glasses for free insurance offered by Fielmann and HanseMerkur. Under this scheme, for an annual premium of just € 10, the insured party is entitled to a pair of high fashion glasses with single-vision lenses at no cost, as well as to replacement free of charge in the event of breakage, damage or any change to the prescription needed. In cases where an additional charge has been paid, in the event of damage, a 70 percent credit on the purchase price is awarded for frames for which there is a charge.

For 2007, Fielmann is planning to increase the number of units sold, the sales volume and the profits. The first weeks of the current year confirm the positive expectations. For the year as a whole, Fielmann has a further 35 new branches in the pipeline, of which two are planned to open in Luxembourg. The company will also be creating more than 400 new jobs.

Hamburg, February 2007

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

Return to overview