At the Fielmann eyewear group, business growth slowed noticeably in the summer.
In the third quarter, sales rose by around three percent compared to 2024. In the first nine months, revenue increased by a total of nine percent to a good 1.8 billion euros, as the MDax-listed company announced on Thursday in Hamburg.
For the year as a whole, CEO Marc Fielmann sees the eyewear company still on track for sales of almost 2.5 billion euros. Around 24 percent of this should remain as earnings before interest, taxes, depreciation and special effects (adjusted EBITDA).
In the first nine months, the USA in particular contributed to the strong sales growth thanks to an acquisition and Poland. The adjusted operating result rose group-wide by 18 percent to 434 million euros. At 23.6 percent, the corresponding margin was just below the target for the year as a whole. The bottom line is that Fielmann shareholders made a profit of 155.5 million euros, almost a quarter more than a year earlier.