Last €49.04 EUR
Change Today -0.41 / -0.83%
Volume 81.8K
As of 1:55 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

fielmann ag (FIE) Snapshot

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06/2/14 - €54.35
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fielmann ag (FIE) Details

Fielmann Aktiengesellschaft is engaged in the operation of and investment in optical businesses in Germany, Switzerland, Austria, Luxembourg, France, the Netherlands, and Eastern Europe. The company manufactures, retails, and trades in visual aids and other optical products, including spectacles, spectacle frames and lenses, sunglasses, contact lenses, and related articles and accessories, as well as hearing aids and related accessories. As of March 31, 2014, it had 679 branches. The company also offers its products through online stores. Fielmann Aktiengesellschaft is headquartered in Hamburg, Germany.

fielmann ag (FIE) Top Compensated Officers

Head of Finance, Property at Ahrensburg and M...
Total Annual Compensation: €1.3M
Head of Materials Management & Production and...
Total Annual Compensation: €1.7M
Head of IT & Controlling at Hamburg and Memb...
Total Annual Compensation: €1.3M
Chairman of Management Board, Head of Sales D...
Total Annual Compensation: €4.6M
Compensation as of Fiscal Year 2013.

fielmann ag (FIE) Key Developments

Fielmann AG Reports Earnings Results for the Second Quarter and First Half of 2014

Fielmann AG reported earnings results for the second quarter and first half of 2014. For the quarter, the company improved sales to 1.9 million pairs of glasses, while consolidated sales and profit were increased to EUR 308 million and EUR 48 million respectively. Pretax profit increased 6% to EUR 48 million which is a much lower growth rate compared with the 25% increase recorded at the start of the year. For the half year, the company increased its unit sales by 5% to 3.7 million pairs of glasses against 3.5 million pairs of glasses a year ago, improved its external sales by 7% to EUR 719 million against EUR 671.1 million a year ago and consolidated sales also saw an increase of 7% to EUR 614 million against EUR 571.9 million a year ago. Pre-tax profit was up by more than 15% to EUR 107 million against EUR 92.3 million.

Fielmann Aktiengesellschaft Recommends Dividend

The supervisory board and management board of Fielmann AG will recommend to the annual general meeting to be held on July 3, 2014 to pay a dividend of EUR 2.90 per share (previous year: EUR 2.70). The total distribution amounts to EUR 121.8 million (previous year: EUR 113.4 million).

Fielmann Aktiengesellschaft Provides Preliminary Earnings Guidance for the First Quarter of 2014

Fielmann Aktiengesellschaft provided preliminary earnings guidance for the first quarter of 2014. For the period, the company reported unit sales increased by more than 9% to over EUR 1.8 million pairs of glasses (previous year: 1.69 million), while consolidated sales rose by 10% to approximately EUR 305 million (previous year: EUR 277.8 million). Profit before tax is expected to improve by 23% to around EUR 58 million (previous year: EUR 47.1 million).


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