Fielmann FY2025 revenue misses estimates, declares higher dividend

Fielmann AG

12/02/2026 11:08

Overview

Germany vision care provider's FY2025 revenue rises 7.4% but misses analyst expectations

Adjusted EBITDA margin improved significantly, driven by efficiency and profitability growth

Company proposes increased dividend of €1.40 per share, reflecting strong performance

Outlook

Fielmann to release detailed FY2026 guidance on April 30, 2026

Fielmann aims to accelerate organic growth with Vision 2035 strategy

Result Drivers

EFFICIENCY FOCUS - Fielmann's focus on efficiency led to an improved Adj. EBITDA margin of 23.8% at the Group level

INTERNATIONAL SALES GROWTH - Fielmann's international sales more than tripled since 2018, reaching nearly €1bn in FY2025

US PROFITABILITY - US platform profitability increased significantly with an Adj. EBITDA margin of 16.2% in FY2025

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Miss
EUR 200 mln
EUR 2.46 bln (9 Analysts)
FY Net Income
EUR 205 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"

Wall Street's median 12-month price target for Fielmann Group AG is €56.00, about 35.9% above its February 11 closing price of €41.20

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nEQwl5yRa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)