Fielmann: Press releases

Preliminary figures for the 2014 financial year

Fielmann improves unit sales, revenue and profit
Fielmann increases dividend to 1.60 per share
Fielmann intends to expand market share further in 2015

Our expectations for 2014 have been met. With its consumer-friendly services, reasonably priced glasses and comprehensive guarantees, Fielmann expanded its market shares over the past financial year.

In the reporting year, Fielmann improved unit sales to 7.6 million pairs of glasses (previous year: 7.3 million). External sales including VAT grew to 1.43 billion (previous year: 1.35 billion) and consolidated sales rose to 1.23 billion (previous year: 1.16 billion). Pre-tax profit is expected to be 225 million (previous year: 199.1 million) and net-profit rose to 161 million (previous year: 142.0 million). At the end of the reporting year, Fielmann had 687 branches (previous year: 679).

Fielmann has maintained a shareholder-friendly dividend policy. In view of the positive business development, the Supervisory Board and Management Board will recommend a dividend payout to the Annual General Meeting on 9 July 2015 of 134.4 million (previous year: 121.8 million) for the 2014 financial year, equating to 1.60 per share (previous year: 1.45)

This success is largely attributable to the company's competent and dedicated employees. Fielmann is the largest employer and trainer in the optical industry in Germany, with 16,732 members of staff as at year-end (previous year: 16,158), of which 2,922 are trainees (previous year: 2,874). A number of national awards pay testament to the high standard of our training. On average, Fielmann has accounted for 91 per cent of all federal state winners in German optical industry competitions over the past five years. In 2015, Fielmann will employ approximately 900 trainees.

Fielmann is confident that it will be able to expand its market position in 2015.

Hamburg, February 2015

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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