Fielmann AG : Short term a little unsettled but still set to deliver strong growth in 2022
>New elements - The group is expected to meet its guidance for 2021 (net revenues slightly below € 1.7bn, EBT above € 200m) but the market in Q4 was nonetheless undermined by the pandemic, with store traffic just holding up and visible weakness in Austria and eastern Germany. It also quantified the impact of the exceptional impairment for software at -€ 16m/-€ 17m, which will be booked in Q4. These factors suggest the final 2021 figures are set to be slightly less fav...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.
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