HY1 2021 sales increased by +29%, profit surged by approximately +150%
Accelerated by declining coronavirus incidences, the success of vaccination programs and investments in the digitisation and internationalisation of the business, the Fielmann Group's recovery gained pace in Q2 2021 across all major markets. Our sales and profits grew by double digits over last year.
HY1 2021 (preliminary results)
External sales, including VAT and changes in inventories, increased by +29% to € 919 million (previous year: € 712.7 million). Group sales rose +29% to € 790 million (previous year: € 610.8 million). We expect profit before taxes (EBT) to have risen by approximately +150% to around € 95 million (previous year: € 37.5 million).
Based on the swift recovery during the course of the first half of 2021, we expect for the full year external sales of about €1.9 billion (previous year: €1.6 billion), group sales of circa €1.7 billion (previous year: €1.4 billion) and a pre-tax profit of around €200 million (previous year: €175.5 million). This prognosis is contingent on the assumption that no major, coronavirus-related restrictions will impact our business during the course of the year.