Interim report as at 30 June 2016

Fielmann confirms positive business performance

In the second quarter of 2016, Fielmann improved unit sales by 6.2 per cent to 2.05 million pairs of glasses (previous year: 1.93 million pairs of glasses), while external sales rose by 4.9 per cent to € 399.8 million (previous year: € 381.3 million) and consolidated sales increased by 5.1 per cent to € 344.0 million (previous year: € 327.2 million). Between April and June, pre-tax profit grew by 16.8 per cent to € 62.6 million (previous year: € 53.6 million) and quarterly profit was up 17.0 per cent to € 44.6 million (previous year: € 38.1 million).

In the first half of the current financial year, unit sales grew to 3.93 million pairs of glasses (previous year: 3.80 million pairs of glasses), external sales improved to € 771.9 million (previous year: € 754.6 million) and consolidated sales rose to € 660.4 million (previous year: € 644.3 million). Pre-tax profit amounted to € 116.6 million (previous year: € 116.3 million) and profit after tax amounted to € 82.7 million (previous year: € 82.7 million).

As at 30 June 2016, Fielmann had 700 branches (previous year: 690) and is continuing to expand. The Group employed 17,140 members of staff at the end of the second quarter (previous year: 16,566). This year, over 1,000 young people will begin their apprenticeships at Fielmann.

Fielmann is confident of being able to expand the market position. Consumers buy from companies that offer guaranteed high quality at reasonable prices: in the optical industry, this means Fielmann.

Hamburg, 25 August 2016

Fielmann Aktiengesellschaft
The Management Board

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