Fielmann: Press releases

Interim report as at 30 June 2013

Second quarter of 2013: earnings up + 7.1 per cent
First half of 2013: Fielmann increases market share
2013: Fielmann recruits more than 900 new trainees

Our expectations for the first half of 2013 have been met. With its consumer-friendly services, spectacles at a reasonable price and comprehensive guarantees, Fielmann expanded its market shares.

In the second quarter of 2013, Fielmann’s unit sales increased by 4.0 per cent to 1.83 million pairs of glasses (previous year: 1.76 million pairs of glasses), while external sales rose by 5.7 per cent to € 343.4 million (previous year: € 324.9 million) and consolidated sales were up 5.2 per cent to € 294.1 million (previous year: € 279.6 million). Pre-tax quarterly profit grew by 7.1 per cent to € 45.2 million (previous year: € 42.2 million) and profit after tax by 5.5 per cent to € 32.0 million (previous year: € 30.3 million).

While the rest of the optical industry suffered a decline in unit sales of 2 per cent in the first six months of 2013, Fielmann was able to increase its unit sales by 2 per cent to 3.52 million pairs of glasses. External sales including VAT grew by 3.7 per cent to € 671.1 million (previous year: € 647.2 million) and consolidated sales by 3.8 per cent to € 571.9 million (previous year: € 551.1 million). Pre-tax profit improved by 3.6 per cent to € 92.3 million (previous year: € 89.1 million) and profit after tax by 2.7 per cent to 65.7 million (previous year: € 64.0 million).

As at 30 June 2013, Fielmann operated 673 branches. By the end of the second quarter, Fielmann employed 15,427 members of staff (previous year: 14,787 employees), of which 2,586 are trainees (previous year: 2,467 trainees). With 5 per cent of German specialist optical stores, Fielmann accounts for 37 per cent of all trainees in the optical trade. More than 900 young people will start their apprenticeships with Fielmann this year.

Fielmann is confident that it will be able to expand its market position. For 2013, we are anticipating a continuation of the positive business performance. The first six months of the current financial year support our confidence in this.

Hamburg, August 2013

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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