Interim report as at 30 September 2018

Fielmann increases units sold and sales revenue. Forecast for the full year confirmed. Fielmann creates more than 800 new jobs.

With customer-friendly services, glasses at the best prices and wide-ranging guarantees, Fielmann has increased its number of units sold and sales revenue over the first nine months of 2018.

Unit sales went up in the third quarter of the year to 2.01 million pairs of glasses (previous year: 2.0 million). External sales grew to € 430.6 million (previous year: € 419.3 million) and consolidated sales rose to € 366.3 million (previous year: € 364.5 million). Pre-tax profits rose to € 80.0 million (previous year: € 76.3 million) and the net income increased to € 55.8 million (previous year: € 53.0 million).

Fielmann increased its units sold in the first three quarters to 6.06 million (previous year: 6.01 million). External sales grew to € 1.25 billion (previous year: € 1.23 billion) and consolidated sales rose to € 1.08 billion (previous year: € 1.06 billion). The pre-tax profit amounted to € 196.1 million (previous year: € 199.9 million) and the net income stood at € 136.9 million (previous year: € 139.0 million).

As at 30 September, Fielmann operated 729 stores (previous year: 718) and employed 19,488 employees (previous year: 18,667), of which 3,928 are apprentices (previous year: 3,494). Fielmann has created over 800 additional jobs, more than 400 for apprentices.

As the market leader Fielmann has used available liquidity to strengthen its position in the market, to invest in digitization and to accelerate its expansion. In line with our forecast, we expect earnings before taxes to be on par with those of the previous year. We anticipate an increase in units sold and sales in 2018 similar to that of 2017. The first few weeks of the fourth quarter give us grounds for optimism.

Hamburg, 1 November 2018

Fielmann Aktiengesellschaft
The Management Board

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