Fielmann: Press releases

Reporting year 2010: dividend up by 20.0 per cent to 2.40 per share
1st quarter of 2011: profit increases by 17.7 per cent

In its meeting on 14 April 2011, the Supervisory Board of Fielmann AG approved the consolidated annual accounts for financial year 2010. The market leader sold 6.5 million pairs of glasses, achieved external sales totalling 1.16 billion (previous year: 1.11 billion) and consolidated sales of 993.7 million (previous year: 952.5 million). Pre-tax profit rose to 170.3 million (previous year: 163.9 million) and net income for the year to 120.8 million (previous year: 115.3 million). Earnings per share for 2010 as a whole climbed to 2.80 (previous year: 2.67).

The Supervisory Board and Management Board of Fielmann AG will recommend to the Annual General Meeting on 7 July 2011 to pay a dividend of 2.40 per share, which represents an increase of 20.0 per cent on the previous year (previous year: 2.00). The total distribution amounts to 100.8 million (previous year: 84.0 million).

Our expectations for the first quarter of financial year 2011 have been met. Fielmann achieved a rise in unit sales of 4.7 per cent to 1.6 million pairs of glasses, in external sales of 7.7 per cent to 302.7 million and in consolidated sales of 7.9 per cent to 255.9 million. Fielmann increased its pre-tax profit by 17.7 per cent to 43.7 million and net income for the quarter by 18.6 per cent to 31.3 million.

Fielmann is confident it will be able to expand its market position. Consumers are attracted to companies which guarantee them high quality at reasonable prices and in the optical industry, this means Fielmann. For 2011, we are expecting growth in unit sales, sales revenue and profit.

Hamburg, April 2011

Fielmann Aktiengesellschaft
The Management Board

Further information:
Dr. Matthias Branahl, Head of Press and Public Relations, tel: +49 40 / 270 76 457
Ulrich Brockmann, Head of Investor Relations, tel: +49 40 / 270 76 442

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