Interim report as at 30 September 2017

Our results for the first three quarters of 2017 are in line with our expectations. With customer-friendly services, glasses at the best prices and wide-ranging guarantees, Fielmann has increased the number of units sold, sales revenue and profits.

Fielmann increased its number of units sold in the first three quarters by 1.9% to 6.01 million glasses (previous year: 5.90 million glasses) and raised external sales by 4.9% to € 1,232.3 million (previous year: € 1,174.6 million). Consolidated sales went up by 5.0% to € 1,059.9 million (previous year: € 1,009.3 million). Pre-tax profits rose by 7.0% to € 199.9 million (previous year: € 186.8 million) and the net income increased by 7.0% to € 141.8 million (previous year: € 132.4 million).

In the third quarter, Fielmann increased its number of units sold to 2.00 million glasses (previous year: 1.98 million glasses) and raised external sales to € 419.3 million (previous year: € 402.7 million). Consolidated sales went up to € 364.5 million (previous year: € 348.9 million). The pre-tax profit for the quarter increased to € 76.3 million (previous year: € 70.1 million) and the net income to € 54.1 million (previous year: € 49.7 million).

By the end of September 2017, Fielmann operated 718 stores (previous year: 701) and employed 18,653 employees (previous year: 17,928), of which 3,494 are apprentices (previous year: 3,251).

To sustain its expansion strategy Fielmann increases its efforts to recruit and train qualified opticians. From 2 November, Fielmann will launch a new campaign to attract additional apprentices. The website www.optiker-werden.de provides insights into the daily work life at the market leader. The marketing campaign thereby aims to excite potential apprentices about the optical profession. We are confident that we will expand our market position.

The fourth quarter of 2017 has three fewer shopping days than the previous year’s final quarter. We expect an increase in units sold, sales revenue and profits for the year as a whole.

Hamburg, 2 November 2017

Fielmann Aktiengesellschaft
The Management Board