Fielmann AG - Earnings Release 2021

News Details

Ad-hoc | 8 July 2021 07:31

Fielmann AG: Preliminary results of Fielmann AG as at 30 June 2021

Fielmann AG / Key word(s): Half Year Results

Fielmann AG: Preliminary results of Fielmann AG as at 30 June 2021

08-Jul-2021 / 07:31 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.

HY1 2021 sales increased by +29%, profit surged by approximately +150%

Accelerated by declining coronavirus incidences, the success of vaccination programs and investments in the digitisation and internationalisation of the business, the Fielmann Group’s recovery gained pace in Q2 2021 across all major markets. Our sales and profits grew by double digits over last year.

HY1 2021 (preliminary results)

External sales, including VAT and changes in inventories, increased by +29% to € 919 million (previous year: € 712.7 million). Group sales rose +29% to € 790 million (previous year: € 610.8 million). We expect profit before taxes (EBT) to have risen by approximately +150% to around € 95 million (previous year: € 37.5 million).

Outlook

Based on the swift recovery during the course of the first half of 2021, we expect for the full year external sales of about €1.9 billion (previous year: €1.6 billion), group sales of circa €1.7 billion (previous year: €1.4 billion) and a pre-tax profit of around €200 million (previous year: €175.5 million). This prognosis is contingent on the assumption that no major, coronavirus-related restrictions will impact our business during the course of the year

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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:	1216483