Brief: Fielmann Group Q3 EBITDA At EUR 130 Mln

Fielmann AG

09/11/2023 06:39

Nov 9 (Reuters) - FIELMANN GROUP AG  FIEG.DE :
    * Q3 CONSOLIDATED SALES GREW BY 13.8% TO AROUND EUR 526
MILLION
(PREVIOUS YEAR: EUR 463 MILLION)
    * Q3 EBITDA AT EUR 130 MILLION SHOWED A SIGNIFICANT +35.6%
INCREASE COMPARED TO Q3/2022 (PREVIOUS YEAR: EUR 96 MILLION)
    * AS CONSUMER CONFIDENCE DECLINES DURING Q3/2023, FIELMANN
GROUP'S
PRICE LEADERSHIP SECURES CONTINUED SALES GROWTH OF +13.8% OVER
PY (ORGANIC +10.0%, ACQUISITIONS +3.8%)
    * COST LEADERSHIP LEADS TO POSITIVE EBITDA DEVELOPMENT
(+26.6%
OVER FIRST 9 MONTHS OF PY)
    * Q3 EXTERNAL SALES INCREASED BY 12.2% TO EUR 602 MILLION
(PREVIOUS YEAR: EUR 536 MILLION)
    * Q3 EARNINGS BEFORE TAXES (EBT) GREW BY +25.1% TO EUR 65
MILLION
(PREVIOUS YEAR: EUR 52 MILLION)
    * CONFIRMS ITS OPTIMISTIC OUTLOOK FOR FY2023

Further company coverage:  FIEG.DE 

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