Fielmann AG

Last updated
Fielmann Group AG
Company type Aktiengesellschaft
FWB:  FIE
SDAX
ISIN DE0005772206  OOjs UI icon edit-ltr-progressive.svg
Industry Retail, optician
Founded1972
Founder Günther Fielmann
Headquarters Hamburg, 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
Fielmann store in Cologne Fielmann koeln schildergasse.jpg
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]

Contents

History

Brands of Fielmann Group AG
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Fielmann
Optika Clarus
Optica & Audiologia Universitaria
Medical Optica Audicion Fielmann retail stores.svg
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

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

YearRevenue (€ m)Net income (€ m)Employees
20171,38616818,522
20181,42816919,379
20191,52117220,397
20201,42911621,853
20211,67813722,028
20221,75910422,631
20231,97012823,412

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

  1. 1 2 3 4 5 "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