Fielmann Stocks Soar with +12% Sales Growth in 2023, +11% Surge in Q1/2024

• Fielmann Group reported a 12% sales growth in 2023 and an 11% growth in Q1/2024.
• The company's growth was driven by strong organic performance in existing markets and additional growth from the Vision 2025 investments in digitalisation and internationalisation.
• Fielmann Group's digital channels outperformed with a 17% sales growth in 2023, reaching external sales of over €100 million for the first time.
• The company's international business expanded by 24% in 2023, with acquisitions in North America contributing to this growth.
• In Q1/2024, consolidated Fielmann Group sales increased by 11% to €529 million, with the US business adding more than €30 million in sales during the first quarter.
• For FY2024, Fielmann Group expects to continue strong topline growth at a similar pace as in 2023 and plans to expand its bottom line with a proportional or slightly higher EBITDA increase and a slightly higher EBT margin.

The next important date, Balance sheet press conference, at Fielmann is on 30.04.2024.

The price of Fielmann at the time of the news was 43,68EUR and was up +0,63 % compared with the previous day.
16 minutes after the article was published, the price was 43,85EUR this corresponds to a plus of +0,40 % since publication.
At this time, the index SDAX was at 14.436,29PKT (+1,30 %).

Fielmann

-0,54 %

-2,21 %

+12,18 %

+5,59 %

-4,79 %

-28,41 %

-26,01 %

-7,46 %

+84,37 %

ISIN:DE0005772206WKN:577220

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