Fielmann: Press releases

Interim report for the first half of 2012

Fielmann expands market share:
Unit sales: + 4.7 per cent, sales revenue: + 5.2 per cent
Fielmann recruits 800 new trainees

Our expectations for the first half of 2012 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 -4 per cent in the first six months of 2012, Fielmann was able to increase its unit sales by 4.7 per cent to 3.5 million pairs of glasses. External sales including VAT rose by 5.2 per cent to € 647.2 million (previous year: € 615.4 million) and consolidated sales by 5.2 per cent to € 551.1 million (previous year: € 523.7 million). Pre-tax profit grew to € 89.1 million (previous year: € 86.4 million) and profit after tax to € 63.5 million (previous year: € 62.5 million).

In the second quarter, Fielmann sold 1.8 million pairs of glasses (previous year: 1.7 million), generated external sales of € 324.9 million (previous year: € 312.7 million) and consolidated sales of € 279.6 million (previous year: € 267.8 million). Fielmann registered a pre-tax quarterly profit of € 42.2 million and profit after tax of € 29.9 million.

As at 30 June 2012, Fielmann operated 665 branches. By the end of the second quarter, Fielmann employed 14,185 members of staff, of which 2,525 are trainees. With 5 per cent of German specialist optical stores, Fielmann accounts for 36 per cent of all trainees in the optical trade. More than 800 young people will start their apprenticeships with Fielmann this year.

Fielmann is confident that it will be able to strengthen its market position. For 2012, we are expecting to expand our market shares. The first six months of the year have strengthened our confidence.

Hamburg, August 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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