Fielmann Raises Its Net Profit By 18.3%

Europe's largest optical retail chain reported today an 18.3 percent increase in net income to 75.7 million DM (e38.7m-$34.6m), equal to 6.7 percent of its consolidated revenues, which rose by 11 percent to 1.13 billion DM (e578m-$517m). The bottomline benefited from a new tax-free status for its in-house lens production ...

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