Fielmann Group AG Earnings Call Transcripts
Fiscal Year 2025
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Record 2025 results with 7.4% sales growth, strong profitability, and robust cash flow. Q1 2026 saw resilient margins despite weather challenges. 2026 guidance targets 5%-7% sales growth, driven by exam capacity, productivity, and store expansion.
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Group sales rose 9% year-over-year, driven by U.S. acquisition and organic growth, with profitability and margins improving. Outlook for 2025 is confirmed, though German demand and U.S. dollar weakness present risks. Growth in Spain, Switzerland, and Poland remains strong.
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Sales grew 12% year-over-year, driven by U.S. acquisition and solid organic growth, with adjusted EBITDA margin rising to 24%. Guidance for 2025 is confirmed, targeting nearly EUR 2.5 billion in sales and continued margin expansion, despite ongoing consumer sentiment challenges.