Fielmann: Press releases

Interim report as at 31 March 2014

Unit sales, revenue and profit increase
Dividend increases to 2.90 per share
Stock split ratio of two-for-one

At its meeting on 10 April 2014, the Supervisory Board of Fielmann AG approved the annual accounts for financial year 2013. Fielmann increased unit sales, revenue and profit in 2013. The market leader sold 7.3 million pairs of glasses (previous year: 7.1 million spectacles), achieved external sales totalling 1.35 billion (previous year: 1.29 billion) and consolidated sales of 1.16 billion (previous year: 1.11 billion). Pre-tax profit rose to 199.1 million (previous year: 180.6 million) and net income for the year went up to 142.0 million (previous year: 129.7 million). Earnings per share for 2013 as a whole climbed to 3.29 (previous year: 3.01).

The Supervisory Board and Management Board of Fielmann AG will recommend to the Annual General Meeting on 3 July 2014 to pay a dividend of 2.90 per share (previous year: 2.70). The total distribution amounts to 121.8 million (previous year: 113.4 million). In order to further improve the appeal of Fielmann shares, the Annual General Meeting will propose a stock split ratio of two-for-one.

Our expectations for the first quarter of the 2014 financial year were exceeded. The first three months of the year were influenced by the mild winter, good weather in March and an additional sales day on the same period in the previous year. Fielmann sold 1.85 million pairs of glasses in the first quarter (previous year: 1.69 million spectacles). External sales grew to 361.5 million (previous year: 327.7 million) and consolidated sales rose to 306.3 million (previous year: 277.8 million). The pre-tax profit was 58.9 million (previous year: 47.1 million) and net income for the quarter went up to 41.8 million (previous year: 33.6 million).

Fielmann is confident of expanding its market position. We expect positive business developments to continue and to once again increase our unit sales, revenue and profit this year.

Hamburg, April 2014

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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