Fielmann AG : Top-line trends rather supportive but the guidance on profitability looks shy
>FY 2023 results confirmed, Q1 sales growth quite supportive at +11% but Q1 EBT just in line, FY 2024 growth expected double digit with EBT margin to improve - As usual at this point in the year, Fielmann releases at the same time 1) the final and complete FY 2023 results (prelim figures are reconfirmed: revenues at € 1970m, EBITDA at € 410m a 20.8% margin, EBT at € 194m 9.8% margin), 2) the results for Q1 2024: sales at € 529m, up 11% EBITDA at € 117m (margin 22.1% f...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.