Fielmann Reports Improved Results

The leading German optical retail chain raised its pre-tax earnings by 18.4 percent to 122.3 million DM (e62.5m-$60.1m) in 1999, representing a nice margin of almost 10 percent on non-consolidated sales of 1,270 million DM (e650-$625m), which include franchisees' sales, agents' sales and sales of lenses manufactured in-house to Fielmann's ...

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