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By
Reuters
Published
Nov 7, 2014
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Fielmann Q3 pretax profit beats consensus

By
Reuters
Published
Nov 7, 2014

FRANKFURT, Germany - German spectacles retailer Fielmann reported a bigger than expected 17 percent gain in quarterly pretax profit and said it still expected a positive development of its business over the full year.


Fielmann is a market leader in Germany and Europe's largest optician. Photo: Fielmann



Pretax profit came to 70.9 million euros in the third quarter through September, Fielmann said on Thursday, compared with consensus for 68.2 million euros in a Reuters poll.

Quarterly sales rose 5.4 percent to 318 million euros and unit sales increased by 1.9 percent to 1.92 million pairs of glasses, it said.

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