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Fielmann AG: Preliminary numbers for the third quarter 2020 - Outlook for the fiscal year

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Fielmann AG / Key word(s): Quarterly / Interim Statement
Fielmann AG: Preliminary numbers for the third quarter 2020 - Outlook for the fiscal year

30-Sep-2020 / 15:32 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Our business performance continued to recover in the third quarter of 2020 thanks to the consistent application of our hygiene standards.
 
According to preliminary estimates, Fielmann generated consolidated sales of approximately € 420 million (previous year: € 400.0 million) and pre-tax profits of around € 80 million (previous year: € 78.5 million) from July to September.
 
Provided that there are no further restrictions due to the coronavirus pandemic in the course of the year, Fielmann will most likely exceed the numbers previously forecast for the full year and expects to generate external sales (incl. VAT) of more than € 1.6 billion (previous year: € 1.76 billion), consolidated sales of more than € 1.4 billion (previous year: € 1.62 billion) and a pre-tax profit of more than € 140 million (previous year: € 253.81 million). We remain confident that we will emerge from this crisis stronger than before.
 

30-Sep-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Fielmann AG

Weidetrasse 118a

22083 Hamburg

Germany

Phone:

+49 (0)40 270 76-0

Fax:

+49 (0)40 270 76-390

Internet:

www.fielmann.de

ISIN:

DE0005772206

WKN:

577220

Indices:

SDAX

Listed:

Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange

EQS News ID:

1137997


 

End of Announcement

DGAP News Service

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