Fielmann: Press releases

Preliminary figures for financial year 2009
External sales: € 1.1 billion
Dividend: € 2.00 per share
Training: 80% of the German state winners

Our expectations for financial year 2009 have been met. 6.4 million pairs of glasses were sold (previous year: 6.1 million). External sales incl. VAT rose to € 1.11 billion (previous year: € 1.06 billion), and the consolidated sales increased to € 953 million (previous year: € 903 million). The pre-tax result amounts to an estimated € 162 million, and is therefore at the previous year’s level (€ 161.8 million). We expect annual net income of € 114 million (previous year: € 113.9 million).

Fielmann is debt-free and has access to safely invested liquidity. The equity ratio stood at 60%. At the end of the reporting year we had 644 branches (previous year: 620).

The recommendation of Supervisory Board and Management Board to the Annual General Meeting on 8 July 2010 is to pay a dividend of € 2.00 per share for financial year 2009 (previous year: € 1.95).

One reason for our success is our competent and dedicated staff. Fielmann created more than 620 additional jobs in the reporting year, of which 510 were in Germany, and it is the largest employer and trainer in the German optical industry. As at the end of 2009, Fielmann employed 13,235 members of staff (previous year: 12,608), of whom 2,497 were trainees (previous year: 2,212). The company’s success in training is reflected by nationwide awards. In 2009, Fielmann provided 80% of the German state winners in the assistants’ category.

Fielmann is confident that it can strengthen its market position. In difficult economic times, consumers buy from companies that guarantee high quality at fair prices: in the optical industry, Fielmann offers precisely this.
We are planning to open 20 new branches this year.

Hamburg, February 2010

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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