Fielmann AG

Fielmann Group AG
Company typeAktiengesellschaft
FWB: FIE
IndustryRetail, optician
Founded1972
FounderGünther Fielmann
HeadquartersHamburg, Germany
Number of locations
1,086 (2023)[1]
Key people
Revenue€2.27 billion (2023)[1]
€193.7 million (2023)[1]
€130.6 million (2023)[1]
Number of employees
23,412 (2023)[1]
Website[1]
Fielmann store in Cologne

Fielmann Group AG is a German eyewear company.

Fielmann stock is listed in the German SDAX index and at the northern German regional HASPAX index. With 5% of all optical stores, Fielmann has achieved a 22% sales market share and a 53% market share in terms of units sold. Fielmann is the market leader in Germany[2] and Europe's largest optician.[3]

History

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Brands of Fielmann Group AG
  Fielmann
  Optika Clarus
  Óptica & Audiología Universitaria
  Medical Óptica Audición

In 1972 Günther Fielmann established the first Fielmann store in Cuxhaven, Lower Saxony. In 1981, Fielmann negotiated an agreement with the Esens statutory health insurance company, which allowed a larger selection of frames to be added to the portfolio for patients with insurance coverage.[4]

Fielmann has been listed on the German stock exchange since 1994.[5] Its stock indexing advanced from a listing in the SDAX (small and medium-sized companies) to MDAX on 6 January 2009,[6] but was relegated to SDAX in December 2019.[7]

The non-profit Fielmann-Akademie was established by the company in 2001. Located in Plön Castle, Schleswig-Holstein it is a training centre for optometrists since 2002.[8]

Since 2019, Marc Fielmann has been the sole CEO of the company, succeeding his father Günther Fielmann.[9]

Corporate affairs

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The key trends of Fielmann are (as at the financial year ending December 31):[10]

Year Revenue (€ m) Net income (€ m) Employees
2017 1,386 168 18,522
2018 1,428 169 19,379
2019 1,521 172 20,397
2020 1,429 116 21,853
2021 1,678 137 22,028
2022 1,759 104 22,631
2023 1,970 23,412

Other activities

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Fielmann plants a tree for every employee every year.[11] In 2009, chancellor Angela Merkel, minister-president Peter Harry Carstensen and Günther Fielmann planted the one-millionth tree in Büdelsdorf.[12]

References

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  1. ^ a b c d e "Annual Report 2023" (PDF). Fielmann. Retrieved 30 April 2024.
  2. ^ Nicolai, Birger (27 September 2004). "Fielmann vor Einigung mit Krankenkassen (Fielmann to reach agreement with health insurances)" (in German). Die Welt.
  3. ^ "Bloomberg Markets: Hidden Billionaires". Bloomberg Businessweek. September 2011. Archived from the original on 2011-09-29.
  4. ^ Seelheim, Rolf (17 September 2009). "In Esens blickte Fielmann durch (In Esens Fielmann looked through)" (in German). Nordwest-Zeitung.
  5. ^ Hausmann, Roger (21 September 1994), Fielmann – eine Aktie für Anleger mit Weitblick (Fielmann – a share for investors with visions) (in German), Finanz und Wirtschaft
  6. ^ "Unscheduled Adjustments in MDAX and SDAX". Deutsche Börse. Archived from the original on 2018-04-27. Retrieved 2018-04-26.
  7. ^ Stoffels, Johannes. "Fielmann: Der Abstieg ändert wenig | www.4investors.de". 4investors.de (in German). Retrieved 2021-03-15.
  8. ^ Goos, Diethart (2000-12-12). ""Ganz viel dazubezahlt": Fielmann kauft Plöner Schloss". DIE WELT. Retrieved 2021-03-15.
  9. ^ "Günther Fielmann zieht sich auch dem Vorstand zurück (Günther Fielmann retires from the managing board)" (in German). Handelsblatt. 13 November 2019.
  10. ^ "Fielmann Fundamentalanalyse | KGV | Kennzahlen". boerse.de (in German). Retrieved 2024-04-08.
  11. ^ Fielmann.de – Gesellschaftliches Engagement: Fielmann-Bäume
  12. ^ Angela Merkels Stippvisite beim Brillenkönig 20. Mai 2009
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