Fielmann: Press releases

Interim report as at 31 March 2012

Dividend: increased to 2.50
First quarter of 2012: sales +6.5%

In its meeting on 12 April 2012, the Supervisory Board of Fielmann AG approved the consolidated annual accounts for financial year 2011. The market leader sold 6.7 million pairs of glasses (previous year: 6.5 million), achieved external sales totalling 1.23 billion (previous year: 1.16 billion) and consolidated sales of 1.05 billion (previous year: 993.7 million). Pre-tax profit rose to 172.9 million (previous year: 170.3 million) and net income for the year to 125.0 million (previous year: 120.8 million). Earnings per share for 2011 as a whole climbed to 2.90 (previous year: 2.80).

The Supervisory Board and Management Board of Fielmann AG will recommend to the Annual General Meeting on 5 July 2012 to pay a dividend of 2.50 per share (previous year: 2.40). The total distribution amounts to 105.0 million (previous year: 100.8 million).

Our expectations for the first quarter of financial year 2012 have been met. Fielmann achieved a rise in sales of 4.6% to 1.7 million pairs of glasses. External sales increased by 6.5% to 322.3 million and consolidated sales rose by 6.1% to 271.5 million. Fielmann increased its pre-tax profit by 7.3% to 46.9 million and net income for the quarter by 6.4% to 33.6 million.

In our view, many areas have great potential for growth: expansion and development of existing sales floor space, for hearing aids and contact lenses, but above all for varifocals and prescription sunglasses.

With investments in the training and advanced training of our employees, new branches and production, we are establishing a sound basis for ongoing long-term growth.

Hamburg, April 2012

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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