Preliminary figures for the financial year 2016

Fielmann improves unit sales, revenue and profit. Dividend increases to € 1.80 per share. Fielmann drives expansion in Italy.

With its customer-friendly services, glasses at affordable prices and comprehensive guarantees, Fielmann achieved a rise in unit sales, revenue and profit in the financial year 2016.

Fielmann improved unit sales by 2.3 per cent to 8.0 million pairs of glasses (previous year: 7.8 million glasses). External sales including VAT rose by 2.7 per cent to € 1.55 billion (previous year: € 1.51 billion), while consolidated sales increased by 2.9 per cent to € 1.34 billion (previous year: € 1.30 billion). Pre-tax profits provisionally amounted to € 241 million (previous year: € 240.1 million), with net profit for the year at € 171 million (previous year: € 170.5 million). As at the end of the year, Fielmann operated 704 stores (previous year: 695).

Fielmann continues its shareholder-friendly dividend policy. On account of the positive development and the available liquidity the Management Board and Supervisory Board will recommend a dividend of € 1.80 per share for the financial year 2016 (previous year: € 1.75). This proposal will be submitted to the Annual General Meeting on 1 June 2017. The dividend yield based on the closing share price for the year in 2016 comes to 2.9 per cent (previous year: 2.6 per cent). The total dividend payout amounts to € 151.2 million (previous year: € 147.0 million).

One reason for Fielmann’s success is the expertise and dedication of our employees. Fielmann is the largest employer and apprenticing company in Germany’s optical industry. In the reporting year, Fielmann created 586 additional jobs. At year-end, Fielmann employed 17,873 members of staff (previous year: 17,287), of which 3,190 are trainees (previous year: 3,065). National awards testify to the high standards of our training.

Fielmann is confident that it will increase its market shares in the current financial year. The company is pressing ahead with expansion plans both in Germany and abroad. Fielmann is pleased with its performance in Italy. By the end of the first quarter of 2017, we will have opened two new stores in Vicenza and Verona.

Hamburg, February 2017

Fielmann Aktiengesellschaft
The Management Board

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