Fielmann AG : Margin pressures confirmed at end-2021 but growth still expected to be strong in 2022
>2021 preliminary results: no surprises on sales, margin a bit more affected than expected in Q4 - According to the preliminary figures reported by the company (detailed figures will be announced on 28 April), Fielmann’s 2021 sales should come in close to € 1.68bn, i.e. y-o-y growth of +17% for EBT close to € 210m (margin 12.5%), which corresponds to Q4 sales close to or slightly above € 425m (at comparable scope, y-o-y growth was flat and 2-year growth close to +10%...Fielmann is an eyewear manufacturing group based in Germany. Co. is predominately active in the optical industry and operates across every level: as manufacturer, agent and optician. Co. is involved in the operation of and investment in opticians' shops, hearing aid companies and the manufacture of and trade in visual aids and other optical products, in particular spectacles, spectacle frames and lenses, sunglasses, contact lenses, related articles and accessories, freely traded merchandise not subject to licensing of all kinds as well as hearing aids and related accessories. Co. markets its products in Germany, Switzerland, Austria, Belarus, Ukraine, Poland, Netherlands, and Luxembourg.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.