Fielmann AG - Earnings Release 2020

News Details

Ad-hoc | 30 September 2020 15:32

Fielmann AG: Preliminary numbers for the third quarter 2020 – Outlook for the fiscal year

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

Fielmann AG: Preliminary numbers for the third quarter 2020 – Outlook for the fiscal year

30-Sep-2020 / 15:32 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Our business performance continued to recover in the third quarter of 2020 thanks to the consistent application of our hygiene standards.

According to preliminary estimates, Fielmann generated consolidated sales of approximately € 420 million (previous year: € 400.0 million) and pre-tax profits of around € 80 million (previous year: € 78.5 million) from July to September.

Provided that there are no further restrictions due to the coronavirus pandemic in the course of the year, Fielmann will most likely exceed the numbers previously forecast for the full year and expects to generate external sales (incl. VAT) of more than € 1.6 billion (previous year: € 1.76 billion), consolidated sales of more than € 1.4 billion (previous year: € 1.62 billion) and a pre-tax profit of more than € 140 million (previous year: € 253.81 million) . We remain confident that we will emerge from this crisis stronger than before.

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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
Internet:	www.fielmann.de
ISIN:	DE0005772206
WKN:	577220
Indices:	SDAX
Listed:	Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange
EQS News ID:	1137997