Fielmann AG — Earnings Release 2016

Oct 31, 2016

News Details

Ad-hoc | 31 October 2016 10:22

Fielmann AG:

Fielmann AG / Key word(s): Quarterly / Interim Statement

31.10.2016 10:22

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Interim report as at 30 September 2016

Fielmann improves unit sales and revenue
Opticians of tomorrow: more than 3,000 trainees
Fielmann creates 500 new jobs

With consumer-friendly services, glasses at a reasonable price and
comprehensive guarantees, Fielmann increased unit sales in the first three
quarters of 2016 to 5.90 million pairs of glasses (previous year: 5.77
million pairs of glasses), while external sales including VAT improved to
EUR 1,174.6 million (previous year: EUR 1,149.7 million) and consolidated
sales rose to EUR 1,009.3 million (previous year: EUR 986.7 million). Pre-
tax profit totalled EUR 186.8 million (previous year: EUR 193.4 million),
while profit after tax amounted to EUR 132.5 million (previous year: EUR
137.5 million).

In the third quarter, Fielmann improved unit sales to 1.98 million pairs of
glasses (previous year: 1.97 million pairs of glasses). External sales
including VAT grew to EUR 402.7 million (previous year: EUR 395.1 million)
and consolidated sales rose to EUR 348.9 million (previous year: EUR 342.3
million). The quarterly pre-tax profit amounts to EUR 70.1 million
(previous year: EUR 77.0 million) and profit after tax totalled EUR 49.7
million (previous year: EUR 54.8 million).

At the end of the third quarter, Fielmann employed 17,928 members of staff
(previous year: 17,318), of which 3,251 are trainees (previous year:
3,104). With a 5 per cent share of specialist optical stores, Fielmann
accounts for more than 40 per cent of all trainees in the optical industry
in Germany. Our trainees are the opticians of tomorrow.

Fielmann is continuing its expansion. Over the course of the year, the
Group will open additional shops, enlarge existing shops, move to better
locations and equip further branches with hearing aid departments. Fielmann
is confident of being able to expand its market position. Consumers buy
from companies that guarantee high quality at reasonable prices: in the
optical industry, this means Fielmann. In the fourth quarter, Fielmann
anticipates a rise in unit sales and revenue corresponding to that seen in
the first nine months of the year. For 2016, Fielmann anticipates a pre-tax
result slightly below the previous year's figure and the creation of over
500 new jobs.

Hamburg, October 2016

Fielmann Aktiengesellschaft
The Management Board

Further information:
Ulrich Brockmann, Head of Investor Relations, tel: +49 (0) 40 270 76 - 442

31.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language: English
Company: Fielmann AG
Weidetrasse 118a
22083 Hamburg
Germany
Phone: +49 (0)40 270 76-0
Fax: +49 (0)40 270 76-390
E-mail:
Internet: www.fielmann.de
ISIN: DE0005772206
WKN: 577220
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated
Unofficial Market in Tradegate Exchange

End of Announcement DGAP News-Service

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