EQS-News: Fielmann Group benefits from position as price leader, continues double-digit growth
Fielmann Group benefits from position as price leader, continues double-digit growth (news with additional features)
- Fielmann Group benefits from position as price leader, continues double-digit growth (news with additional features)
The issuer is solely responsible for the content of this announcement. - Fielmann Group benefits from position as price leader, continues double-digit growth
• As consumer confidence declines during Q3/2023, the Fielmann Group’s price leadership secures continued sales growth of +13.8% over PY (organic +10.0%, acquisitions +3.8%)
With Germany in recession and consumer confidence levels declining across Europe in Q3/2023, customers choose providers that offer guaranteed quality and services at the best price. - Marc Fielmann, CEO of the Fielmann Group: “Fielmann helps everyone hear and see the beauty in the world.
- Earnings before taxes (EBT) are expected to reach more than €190 million, corresponding to a growth of +18% as well.