All Fielmann articles – Page 4

Article

Fielmann raises FY guidance on better-than-expected Q3 results

2020-10-01T05:56:00Z

Fielmann posted “considerably” better-than-expected third-quarter results and has lifted its full-year guidance. According to preliminary estimates, consolidated sales were about €420 million compared with €400.0 million a year earlier and pre-tax profit is around €80 million against €78.5 million in the third quarter of 2019. The German eyewear ...

News briefs

Fielmann opens 28th store in Italy

2020-08-05T06:30:00Z

Fielmann has opened its 28th store in Italy, and the second in Tuscany, in Livorno. The other Tuscan store was opened in Lucca last year. The 220 square-meter store is the first opening since the end of the coronavirus-related lockdown in Italy. The previous opening was in December ...

Article

Fielmann’s first-half sales drop to €611 million

2020-07-09T17:53:00Z

Fielmann ’s first-half sales declined to 3.1 million glasses from 4.1 million a year earlier, while consolidated revenues dropped to a preliminary estimate of €611 million from €758.2 million due to the impact of the Covid-19 pandemic. External sales, including value-added tax and inventory, slipped to €710 million from €884.4 ...

News briefs

​Fielmann active in Covid-19 combat

2020-06-22T06:47:00Z

Fielmann , the German optical retailer, and the Fielmann family, which owns it, have been active in taking part in the combat against the Covid-19 pandemic. The family donated 1 million surgical masks to each of the states of Brandenburg, Hamburg and Schleswig-Holstein. The 3 million masks were bought ...

Article

Fielmann buys 10% stake in a provider of wearables, augmented reality solutions

2020-05-21T20:49:00Z

Fielmann is further pushing its digital agenda thanks to an alliance with Ubimax , a provider of computing technologies and augmented reality solutions. Tightening its strategic partnership with Ubimax , it has purchased a 10 percent stake in the company through a capital increase. The acquistion was carried ...

Article

Fielmann’s Q1 sales and profits decline

2020-05-04T11:14:00Z

(updated) Blaming the coronavirus outbreak, Fielmann reported a sharp 74.8 percent drop in net income for the first quarter of 2020, down to €11.8 million, on a 7.0 percent decline in consolidated revenues to €352.9 million for the first quarter of this year. The number of glasses sold fell ...

Article

Fielmann posts slightly higher profits for the year

2020-04-05T13:34:00Z

Fielmann ’s performance for 2019 seems to have confirmed the positive momentum that it had already reported for the first half of the year. According to preliminary figures, its consolidated sales for the 2019 financial year show an increase of about 6 percent to €1.52 billion as compared to €1.43 ...