Underdog on Comeback Tour🏁?
Due to the impact of the pandemic, many companies have had to struggle with the closure of stationary stores. Fielmann was also affected by this setback & the company's growth stagnated. Nevertheless, they were able to make a strong "comeback" within the first half of the year verzeichnen🏋🏽♀️.
💥 Sales increase of 29% within the first half of the year
🔥 Profit jump of 144% within the first half of the year
💯 Forecasts for sales for the full fiscal year increased to €1.7 billion, which would represent a new record
ACTIVE AREAS🥊
👓 Shareholding in optical and hearing aid companies
⚙️ Manufacture of contact lenses, eyeglasses & related eyewear products.
EXPANSION🌎
👨🏽💻 Fielmann pursues omnni channel strategy - online trade & stationary trade
🏦 45 new branches to be opened across Europe
✈️ Online trade to expand to further countries
🏆 Within the last few years, acquisitions have been made in a wide variety of countries for the international expansion
💰 Dividend currently stands at around 1.84
What is your opinion on Fielmann, does the Unternehmen🤵🏽♂️ convince you?
Do you hold the stock in your portfolio or are you planning to add it to your portfolio🧐?
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Source: The Motley Fool, finanzen.net,
investing.com, Stock Finder , Marketscreener
