Corrected: BUZZ-Fielmann shares seen down after outlook cut
21/08/2026 06:48
CORRECTED-BUZZ-Fielmann shares seen down after outlook cut Corrects index attribution to SDAX from MDAX in 4th bullet point
** Shares in Fielmann FIEG.DE are seen down 5.1% in pre-market indications after the German eyewear maker downgraded its 2026 guidance on Thursday after market close
** The company now expects 2026 adjusted EBITDA of €560 million to €580 million ($655 million to $678 million), down from its previous forecast of €590 million to €610 million, and sales growth of 2% to 5%, versus 5% to 7% previously
** "Warning due to weak consumer confidence in Germany should clearly weigh on shares," a local trader says
** The stock is seen at the bottom of the German small-cap index .SDAXI
($1 = 0.8551 euros)
(Reporting by Anastasiia Kozlova)
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