Fielmann: Press releases

Third quarter 2009: unit sales and sales revenue + 7%
Training: Fielmann accounted for 80% of the regional winners
2009 year as a whole: 650 additional jobs

The first nine months of the year under review have met our expectations. Sales revenues have risen by 4.3 per cent, and we have improved our results from quarter to quarter.

Fielmann sold 1.6 million pairs of glasses in the third quarter (previous year: 1.5 million pairs of glasses), generating external sales of 288.9 million (previous year: 270.0 million) and consolidated sales of 248.1 million (previous year 230.8 million). In the third quarter we generated a pre-tax profit of 46.2 million (previous year: 47.1 million). In the second quarter of 2009 earnings stood at 39.2 million, and in the first quarter 33 million. Net income in the third quarter amounted to 32.5 million (previous year: 33.0 million).

From January to September 2009 Fielmann sold 4.8 million pairs of glasses (previous year: 4.5 million pairs of glasses). External sales including VAT rose to 837.2 million (previous year: 802.3 million) and consolidated sales to 712.6 million (previous year: 682.0 million). The pre-tax profit stood at 118.4 million (previous year: 127.3 million) and the profit after tax at 83.3 million (previous year: 89.6 million).

At the end of the third quarter Fielmann employed 13,272 members of staff, of which 2,527 were trainees. In the year as a whole Fielmann will create 650 additional jobs. The high standard of our training is borne out by the national awards. Again in 2009 Fielmann trained the national winners in the German optical trade competition and 80 per cent of all the regional winners.

As at 30 September 2009 there were 640 Fielmann branches. We are pushing ahead with expansion, opening 21 new branches in the first nine months, which will have grown to 25 by the end of the year.

We are confident of extending our market position. It is particularly the case that during difficult economic times consumers buy from companies which guarantee high quality at reasonable prices: and in optics, this means Fielmann.

Hamburg, November 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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