Brief: Fielmann Group Q1 Consolidates Sales Increased By 11% To EUR 529 Mln

Fielmann AG

30/04/2024 06:30

April 30 (Reuters) - FIELMANN GROUP AG  FIEG.DE :
    * FIELMANN GROUP AG - Q1 EBT IMPROVED BY +7% TO €62 MILLION
(PREVIOUS YEAR: €58 MILLION)
    * FIELMANN GROUP AG -  Q1/2024 EBITDA INCREASED BY +11% TO
€117
MILLION (PREVIOUS YEAR: €106 MILLION)
    * FIELMANN GROUP AG -  WHILE OUR US BUSINESS ADDED MORE THAN
€30
MILLION IN SALES DURING THE FIRST QUARTER, OUR EUROPEAN BUSINESS
GREW +4% OVER Q1/2023
    * FIELMANN GROUP AG - OUTLOOK: NET CONSOLIDATED SALES OF
ABOUT
€2.2 BILLION IN 2024
    * FIELMANN GROUP AG - OUR US BUSINESS ADDED MORE THAN €30
MILLION
IN SALES DURING THE FIRST QUARTER, OUR EUROPEAN BUSINESS GREW
+4% OVER Q1/2023
    * FIELMANN GROUP AG - Q1 CONSOLIDATED FIELMANN GROUP SALES
INCREASED BY +11% TO €529 MILLION (PREVIOUS YEAR: €478 MILLION)
    * FIELMANN GROUP AG - AUDITED FY2023 REPORTING IN LINE WITH
PRELIMINARY NUMBERS PUBLISHED IN FEBRUARY
    * FIELMANN GROUP AG - OUTLOOK: CUSTOMER SATISFACTION IS
EXPECTED
TO REMAIN AT OVER 90%
    * FIELMANN GROUP AG - +11% SALES GROWTH IN Q1/2024 OVER LAST
YEAR
DESPITE HARD Q1/2023 COMPARABLES
    * FIELMANN GROUP AG - OUTLOOK: FY2024 FORECAST ENVISAGES
DOUBLE-DIGIT TOPLINE GROWTH, INCREASES IN BOTH EBITDA AND EBT

Further company coverage:  FIEG.DE 

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