According to preliminary estimates, Fielmann sold 4.06 million glasses in the first half of this year (previous year: 4.05 million glasses), raised external sales by 7.2% to €882 million (previous year: €823 million) and increased consolidated sales by 6.3% to €756 million (previous year: €712 million). The pre-tax profit is expected to stand at €125 million (previous year: €116 million), which represents a 7.6% rise compared to the previous year.
In the months from April to June, Fielmann increased external sales by approx. 5.5% to €444 million (previous year: €421 million). In the same period, consolidated sales grew by approx. 6.0% to €384 million (previous year: €362 million), while the pre-tax profit rose by 5.5% to €58 million (previous year: €55 million).
At today's Annual General Meeting Marc Fielmann presents the company's Vision 2025. Fielmann shapes the optical industry in Europe to the benefit of customers. Fielmann aims for the market leadership in continental Europe by 2025, selling one in four pairs of glasses and generating external sales of €2.3 billion.
In the years 2019 and 2020 alone, Fielmann will invest a total of more than €200 million in the modernisation of its store network, the digitization of its business model and the international expansion of the Group. For the whole year 2019 the Management Board confirms the forecast published in its Annual Report 2018.
Hamburg, 11 July 2019
Fielmann Aktiengesellschaft
The Management Board