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Sales rose for German eyewear firm Fielmann Group AG in the first quarter compared to the same period of the previous year. Fielmann reported on Tuesday that first quarter group sales rose by 11% to €529 million ($566 million) from €478 million last year. While the company's US business added more than €30 million in sales during the first quarter, its European business grew 4% over the same quarter of 2023. Germany reached a growth rate of 3% over last year, and Switzerland recorded sales growt ....
The German eyewear company Fielmann Group reported a rise in preliminary full-year earnings before taxes (EBT) on Thursday and said its sales also rose. For the 12-month period, the company reported EBT of €193 million ($209 million) higher than €161 million registered last year, reflecting an increase in progressive glasses sold and lower marketing spending. Earnings before interest, taxes, depreciation and amortization (EBITDA) was at €410 million, compared with €340 million a year ago. Extern ....
Günther Fielmann, the businessman who changed the face of the German eyewear trade, has died at the age of 84, the Fielmann Group announced on Friday. Fielmann died in his sleep in the presence of family at his home in Lütjensee in the north-western state of Schleswig-Holstein. "The thoughts of more than 23,000 of our staff in Europe, Asia and the United States are with Günther Fielmann's relatives at this time. We express our condolences and deep sympathy to his family, friends and associates," ....