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Fielmann AG - Wikipedia

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Fielmann Group AG

Company type	Aktiengesellschaft
Traded as	FWB: FIE
Industry	Retail, optician
Founded	1972
Founder	Günther Fielmann
Headquarters	Hamburg, Germany
Number of locations	1,086 (2023)^[1]
Key people	Marc Fielmann (CEO), Mark K. Binz (Chairman of the Supervisory Board)
Revenue	€2.27 billion (2023)^[1]
Operating income	€193.7 million (2023)^[1]
Net income	€130.6 million (2023)^[1]
Number of employees	23,412 (2023)^[1]
Website	[1]

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

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

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

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

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

"Fielmann - zwischen Discount und Qualität (Fielmann - between quality and discount)". NDR online. 2 December 2008.

External links

v t e Eyewear retailers
EssilorLuxottica owned	Apollo-Optik Clearly.ca/Coastal.com EyeBuyDirect FramesDirect.com LensCrafters OPSM Pearle Vision Sears Optical Sunglass Hut Target Optical Vision Express Vision Source
Not EssilorLuxottica owned	America's Best Contacts & Eyeglasses Boots Opticians Dollond & Aitchison Cohen's Fashion Optical Fielmann GKB Opticals GlassesUSA Gunnar Optiks Hakim Optical Hassan's Optician Co. Moscot Optical Express Solstice Sunglasses Specsavers US Vision Visionworks of America Warby Parker Zenni Optical
Category

SDAX companies of Germany updated 25.01.2024

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