Fielmann wants to reach four billion euros in turnover by 2030

The optician Fielmann If new growth goals are setting for the coming years: sales are to be increased to around four billion euros by 2030, the company announced on Thursday in the run -up to its Annual General Meeting in Hamburg.

The core business, the optics in Europe, is likely to contribute around a third of additional sales growth, while the US business should grow to a total of around $ 1 billion. Fielmann strives for about 25 percent in the margin for the adjusted result before interest, taxes and depreciation (EBITDA).

The predecessor program – the vision 2025 – meanwhile runs better than expected. The adjusted EBITDA is intended to exceed the goal originally targeted by around 50 percent, said CEO Marc Fielmann. The company confirmed the forecast for the current year and continues to assume total sales of up to 2.5 billion euros. The EBTIDA margin should reach 24 percent at Group level. According to preliminary calculations, sales grew by 12 percent to 1.2 billion euros. Adjusted EBITDA rose disproportionately by around 26 percent to around 290 million euros. The corresponding margin improved from 21.1 percent to around 23.7 percent.

Fielmann wants to publish the final figures in August.