Fielmann: Press releases

Sales revenue: +7.4%, profit: + 10.4%
2011: Fielmann recruits 800 new trainees

Our expectations for the first half of 2011 have been met. With its consumer-friendly services, spectacles at a reasonable price and comprehensive guarantees, Fielmann expanded its market shares.

While the rest of the optical industry suffered a decline in unit sales of -1% in the first six months of 2011, Fielmann was able to increase its unit sales by 4.9% to 3.3 million glasses. External sales including VAT rose by 7.3% to 615.4 million (previous year: 573.7 million) and consolidated sales by 7.4% to 523.7 million (previous year: 487.4 million). Pre-tax profit grew by 9.6% to 86.4 million (previous year: 78.8 million) and profit after tax by 10.4% to 61.8 million (previous year: 56.0 million).

In the second quarter, Fielmann sold 1.7 million pairs of glasses, generated external sales of 312.7 million (previous year: 292.7 million) and consolidated sales of 267.8 million (previous year: 250.3 million). Fielmann increased its pre-tax quarterly profit to 42.7 million (previous year: 41.7 million) and its profit after tax to 30.5 million (previous year: 29.6 million).

As at 30 June 2011, Fielmann operated 656 branches. By the end of the second quarter, Fielmann employed 13,655 members of staff, of which 2,495 are trainees. With 5% of German specialist optical stores, Fielmann accounts for 35% of all trainees in the optical trade. More than 800 young people will start their apprenticeships with Fielmann this year in Germany and abroad.

Fielmann is confident that it will be able to expand its market position. Consumers buy from 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, August 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

Download Report as PDF

Return to overview